*This essay was written for the subject, Issues in Professional and Applied Ethics, in the University of Melbourne. It includes professor's observations.
QUESTION: In his article “The Social Responsibility of Business is to Increase its Profits”, Milton Friedman argues that executives of share-holder owned companies have no right to make decisions about company policy based on their personal moral views, where such decisions will reduce the profits the company would otherwise make.
Is he right?
ABSTRACT: In this essay I will try to answer this question supporting that Friedman is not right. Even more, I will argue that executives must(Leer más)