The Controversy Over Do-Good Executives
1. While there is substantial agreement that businesses have stakeholder and societal obligations and that these must be incorporated into a company’s overall strategy and into the conduct of its business operations, there is much less agreement about the extent to which “do-good” executives should pursue their personal vision of a better world using company funds.
2. There are real problems with disconnecting business behavior from the well being of non-owner stakeholders and the well being of society at large.
3. While there is legitimate concern about the use of company resources for do-good purposes and the motives and competencies of business executives in functioning as social engineers, it is tough to argue that businesses have no obligation to nonowner stakeholders or to society at large.
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