Unformatted text preview: or not these interests are in conflict. 3. Friedman’s theory would seem to say that unless there is a clear economic reason to give the money away it should not be done. If however he were to look at it as investing in the community with some way of possibly getting a return on it then it would be OK. But he also said that unless the community is directly informed of the companies intentions then it is dishonest to donate with ulterior motives. 4. Yes. It would say that the companies Social Responsibility should dictate what it does with its money. He would say that the community in which a company operates should always be taken into account when making decisions and helping to build a stronger community is the only way to do better business....
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- Spring '08
- Economics, Freeman, Corporate Philanthropy Revisit, stronger community