Notice of Retraction: The corporate social responsibility and accountability in the modern corporation

Hui Hu*, Danni Wang

*Corresponding author for this work

    Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

    Abstract

    Friedman (1970) held that the only social responsibility of business is to increase its profits. With the ever changing business environment as well as the rapidly growing public concerns with the impact corporations have on society, the one-sidedness of his assertion becomes obvious in interpreting the behavior of the corporation and the influence of their conduct. Nowadays, the role of a corporation also includes corporate social responsibility (CSR) and accountability, of which the aim is to bring positive and beneficial effects to the stakeholders.

    Original languageEnglish
    Title of host publication2011 International Conference on E-Business and E-Government, ICEE2011 - Proceedings
    PublisherIEEE Computer Society
    Pages3613-3615
    Number of pages3
    ISBN (Print)9781424486946
    DOIs
    Publication statusPublished - 2011

    Publication series

    Name2011 International Conference on E-Business and E-Government, ICEE2011 - Proceedings

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