Midterm - 1. Vogel observes that, "there is no...

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Vogel observes that, “there is no evidence that behaving more virtuously makes firms more profitable. This finding is important because, unless there is a clear business case for CSR, firms will have fewer incentives to act responsibly.” To what extent do you find this quote troubling and why or why not? 2. Why might information and choice be critical to our understanding of the role of business in society? How, if at all, does this affect your assessment of Merck’s behavior in the VIOXX case? 3. Identify two approaches to defining CSR. How do they differ? Does either of these approaches explain Patagonia’s actions generally? Why or why not? Which approach do you prefer and why? 4. “There is no necessity for us to talk about CSR as a duty other than to respond to the demands of stakeholders, who can represent society’s interests by imposing their will on business.” Comment. 1
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Midterm - 1. Vogel observes that, "there is no...

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