Social responsibility for corporation and stakeholders

You may notice even in the West (mostly Europe) they are talking about social responsibility for corporation and stakeholders (not shareholders) capitalism or inclusive capitalism. Whether they mean it is a different matter. What China tells its capitalists is that you are allowed to make money but you also have social responsibilities. Providing public goods is not just the responsibilities of the government. Entrepreneurs can only thrive if the environment the operate in is secure and stable. The maintenance of a safe and secure environment is a public goods…

WtR

About the Author

Russian_Village

A survivor of six heart attacks and a brain tumor, a grumpy bear of a man, whom has declared Russia as his new and wonderful home. His wife is a true Russian Sweet Pea of a girl and she puts up with this bear of a guy and keeps him in line. Thank God for my Sweet Pea and Russia.