According to the institutional school of social responsibility, business entities have a responsibility to act in a manner that benefits .

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The institutional school of social responsibility argues that businesses have a responsibility to act in a manner that benefits all of society, not just shareholders, suppliers, or employees. This includes taking into account the impact of their actions on stakeholders such as the environment, local communities, and future generations. The goal of this approach is to create a more sustainable and equitable society, rather than solely focusing on maximizing profits for a select few.

According to the Institutional School of Social Responsibility, Business Entities