The only corporate social responsibility a company has is to maximize its profits.— Milton Friedman
Impressive Corporate Social Responsibility quotations
The less you respond to negative people, the more peaceful your life will become.
The business of business should not be about money.
It should be about responsibility. It should be about public good, not private greed
There is one and only one responsibility of business: to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game.
I'm only responsible for what I say, not for what you understand.
Ethics is the new competitive environment
So long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud.
Corporate Social Responsibility is a hard-edged business decision.
Not because it is a nice thing to do or because people are forcing us to do it because it is good for our business
Happiness is a conscious choice, not an automatic response.
The emphasis placed by more and more companies on corporate social responsibility, symbolises the recognition that prosperity is best achieved in an inclusive society.
Creating a strong business and building a better world are not conflicting goals - they are both essential ingredients for long-term success
For nearly 11 years, now, we have been on this mission;
we call it, "climbing Mt. Sustainability", a mountain higher than Everest, to meet at that point at the top that symbolizes zero footprint-zero environmental impact. Sustainable: taking nothing, doing no harm.
No individual raindrop ever consider itself responsible for the flood.
I have requested the corporates to evolve plans under corporate social responsibility to build clean toilets specially for girl students in schools. India should learn from foreign countries, where people are disciplined and do not litter in public places.
The voluntary approach to corporate social responsibility has failed in many cases.
...it's always been difficult for us to lead an examined life as a corporation. I've always felt like a company has the responsibility to not wait for the government to tell it what to do, or to wait for the consumer to tell it what to do, but as soon as it finds out it's doing something wrong, stop doing it.
Life is very short. If people aren't decent, kind, accountable, responsible, or responsive, man up and get rid of them.
Now we're in a situation where democracy has been taken into the workshop and fixed, remodeled to be market-friendly. So now the United States is fighting wars to instal democracies. First it was topple them, now it's instal them, right? And this whole rise of corporate-funded NGOs in the modern world, this notion of CSR, corporate social responsibility - it's all part of a New Managed Democracy. In that sense, it's all part of the same machine.
There are questions as to whether it should even exist.
Who should corporations be responsive to, the management of a corporation? Theoretically they are responsive to the shareholders, but I why not to the so - called stakeholders, the work force and the community? Nothing in economic theory opposes that. Those are social and political decisions.
We also need to find a language capable of defending government as an element of the common good, one that does not define itself as both a punishing and corporate state. This is not merely a matter of redefining sovereignty, but also rethinking what is distinctive about the social state, social responsibility, and the common good.
We're all flawed heroes. Responsibility is power. Take responsibility for the consequences of your actions, and the world is yours. Everything is a choice.
Few trends could so thoroughly undermine the very foundations of our free society as the acceptance by corporate officials of a social responsibility other than to make as much money for their stockholders as possible.
As to the meaning of "corporate social responsibility," Friedman and I would agree: If a certain action improves the corporation's bottom line, there's no point in labeling it "socially responsible." It's just good business.
In the early 1970s, Milton Friedman argued that corporations should not be socially responsible because they had no mandate to be; they existed to make money, not to be charitable institutions. But in the economy of the 21st century, corporations cannot be socially responsible, if social responsibility is understood to mean sacrificing profits for the sake of some perceived social good. That's because competition has become so much more intense.
People do not really want freedom, because freedom involves responsibility, and most people are frightened of responsibility.
We need government and business to work together for the benefit of everyone.
It should no longer be just about typical "corporate social responsibility" where the "responsibility" bit is usually the realm of a small team buried in a basement office - now it should be about every single person in a business taking responsibility to make a difference in everything they do, at work and in their personal lives.
I think that today, more so than ever, corporate responsibility is the best strategic as well as financial path that most businesses can follow. For most businesses there are both compelling reasons to be responsible and compelling statistics that validate that responsible businesses do better according to traditional financial metrics. Of course, how you define "responsible" is somewhat of a conundrum.