| Theories |
Their relation to the social responsibility of business |
| Of M. Friedman |
The single responsibility of a business is responsibility to shareholders, and the goal of the business is to growth profits. |
| Corporate altruism |
Corporations must participate in programs and projects to improve the quality of life of society and the preservation of the environment. |
| Rational egoism |
By implementing social projects or investing in them, enterprises reduce profit losses in the long perspective, as it is the good social environment that ensures sustainable development and security. |
| Shareholder companies |
The social needs of the employee must be met through fair pay. |
| Capitalism of participation |
It suggests the possibility of participation of employees in management, in addressing social problems of the working group. |
| Corporate citizenship |
It assumes social responsibility of the business as a means of interaction between the company and the external environment, minimizing risks and sustainable development of the company. |
