Illustrates the controversy over do-good executives

Question

Illustrates the controversy over do-good executives?

Answer 1

The controversy over do-good executives:

1. While there is considerable agreement that businesses have stakeholder and societal obligations and that these must be incorporated into a company’s whole strategy and into the conduct of its business operations, there is much fewer agreement about the amount to which “do-fine” executives should follow their own vision of a better world using company funds.

2. There are real troubles with disconnecting business behavior from the well being of non-owner stakeholders and the well being of society at big.

3. While there is lawful concern regarding the use of company resources for do-good purposes and the motives and competencies of business executives in functioning as social engineers, it is rough to quarrel that businesses have no obligation to non-owner stakeholders or to society at large.