GM and corporate responsibility
Journal of Business Ethics · 1986 · Volume 5 · Issue 3
Abstract
Only by distinguishing corporate, moral, social and legal responsibility can GM know how to weigh and respond to its various responsibilities. Corporate responsibility stems from the ends for which the corporation is formed. In addition the corporation is responsible for meeting the moral demands that come from the moral law. The corporation is responsible for meeting legitimate social demands proposed by society. If society uses the law to express its demands, the demands yield legal responsibilities. Those demands that are social but neither moral nor legal may not be legitimate demands that GM must respond to at all.
Keywords
Economic Growth, Corporate Responsibility, Legal Responsibility, Social Demand, Moral Demand
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