GM and corporate responsibility

Only by distinguishing corporate, moral, social and legal responsibility can GM know how to weigh and respond to its various responsibilities. Corporate responsibility stems from the ends for which the corporation is formed. In addition the corporation is responsible for meeting the moral demands th...

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Bibliographic Details
Main Author: De George, Richard T. (Author)
Format: Electronic Article
Language:English
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Published: Springer Science + Business Media B. V 1986
In: Journal of business ethics
Year: 1986, Volume: 5, Issue: 3, Pages: 177-179
Further subjects:B Corporate Responsibility
B Legal Responsibility
B Moral Demand
B Social Demand
B Economic Growth
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Summary:Only by distinguishing corporate, moral, social and legal responsibility can GM know how to weigh and respond to its various responsibilities. Corporate responsibility stems from the ends for which the corporation is formed. In addition the corporation is responsible for meeting the moral demands that come from the moral law. The corporation is responsible for meeting legitimate social demands proposed by society. If society uses the law to express its demands, the demands yield legal responsibilities. Those demands that are social but neither moral nor legal may not be legitimate demands that GM must respond to at all.
ISSN:1573-0697
Contains:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1007/BF00383623