'Social profit orientation' can help companies and nonprofits alike do more good in the world

  • 📰 physorg_com
  • ⏱ Reading Time:
  • 45 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 49%
  • Publisher: 55%

Science Nyheter

Physics News,Science News,Technology News

Economist Milton Friedman's influential maxim, that a company's sole obligation is to maximize profits, is outdated. Many companies have voluntarily integrated social concerns into their business operations through corporate social responsibility, or CSR, policies for years.

'Social profit orientation' can help companies and nonprofits alike do more good in the world retrieved 4 September 2024 from https://phys.org/news/2024-09-social-profit-companies-nonprofits-alike.html

This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.Jul 30, 2024Use this form if you have come across a typo, inaccuracy or would like to send an edit request for the content on this page. For general inquiries, please use ourThank you for taking time to provide your feedback to the editors.

Your feedback is important to us. However, we do not guarantee individual replies due to the high volume of messages.to let the recipient know who sent the email. Neither your address nor the recipient's address will be used for any other purpose. The information you enter will appear in your e-mail message and is not retained by Phys.org in any form.Get weekly and/or daily updates delivered to your inbox.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 388. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker