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Opponents of CSR (Corporate Social Responsibility)argue That Firms Who Use

Question 126

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Opponents of CSR (Corporate Social Responsibility)argue that firms who use their profits to promote social causes are not being fair to investors who provided the funds for the purpose of financial gain.
Critics,including the late Milton Friedman believe that a firm is first and foremost responsible to its owners (investors)who provided the funds for growth and financial gain.Some go so far as to say that the act is essentially "stealing from investors."

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