Freeman ideas on liberty

Corporations and their social responsibilities
Do corporations have social responsibility?
Corporate social responsibility advocates say that since corporations are fictitious persons, created by law and sustained by the government grants of limited liability for individual shareholders, they have obligations that surpass those of sole proprietorship or partnerships.

Until the 19th century. The right to conduct business in the corporate form was a matter of state or private economic interest. After, the turn of the century corporate law underlined that corporations existed to make money for its shareholder. At this point, the corporate mindset shifted and has been greatly disputed.

-"the corporation exists to benefit its stockholders and that corporate directors have the discretion only in the means to achieve that goal." -Michigan supreme court
Corporation have a direct responsibility to shareholders before anything else.
To counter the......

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Title: Freeman Ideas On Liberty
Approximate Word Count: 290
Approximate Pages: 2 (250 words per double-spaced page)

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