The most well-known criticism of corporate social responsibility came from the Nobel Prize winning economist ____________ (1970).
A) Gerard Debreu
B) James Tobin
C) Milton Friedman
D) Paul Samuelson

Question

Quizplus · Accepted Answer

Milton Friedman argued that the social responsibility of companies is to maximize profits for shareholders within the scope of the law, and that any other form of social responsibility is a misuse of corporate resources and a violation of shareholder interests.

The Most Well-Known Criticism of Corporate Social Responsibility Came from the Nobel