SlideShare a Scribd company logo

Social Responsibility + Profits - Friedman

•Download as PPS, PDF•
•
L
Lisa_Durham
BusinessEconomy & Finance
1 of 12
“ THE SOCIAL RESPONSIBILITY OF BUSINESS IS TO INCREASE ITS PROFITS” – MILTON FRIEDMAN, 1970 – A CRITICAL ANALYSIS ,[object Object],[object Object],[object Object],[object Object],[object Object]
CONTEXT OF STATEMENT ,[object Object],[object Object],[object Object],[object Object]
Social Responsibility + Profit ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Friedman’s Hypothesis ,[object Object],[object Object],[object Object],[object Object]
Our Position ,[object Object],[object Object],[object Object],[object Object],[object Object],VIEW: A business has a responsibility to increase its profits and to be socially responsible towards its external environment. Adopting a synergistic approach vs. a singular approach, will benefit both the stakeholders and the corporation.
Pros & Cons of Friedman’s Statement ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
ECOSYSTEM IN WHICH A BUSINESS EXISTS ,[object Object],“ The organisation cannot operate in isolation from the environment of which it is a part...The economic efficiency of organisations is affected by governmental, social, technical and cultural variables. Organisations make a contribution to the quality of life and to the well-being of the community” (Mullins, 2005) The Environment Moral + Ethical Financial Social & Governmental THE CORPORATION
Examples ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
A Synergistic Approach (cont’d) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
A Synergistic Approach (cont’d) 2007 – 2010 Financial Donations: Employee Participation 2008 - 2010 Financial donations and volunteerism: Total employee contribution Financial Year 2010 2009 2008 2007 Dividends paid per share: $0.40 $0.34 $0.34 $0.32 Earnings per share : $1.88 $1.58 $1.34 1.05
A Synergistic Approach (cont’d) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
A Synergistic Approach (cont’d) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Recommended

Final group presentation web 2- friedman
Final group presentation web 2- friedmanFinal group presentation web 2- friedman
Final group presentation web 2- friedmanLisaLisa10
 
A Comparison of Friedman and Carroll
A Comparison of Friedman and CarrollA Comparison of Friedman and Carroll
A Comparison of Friedman and CarrollChrisSwanson37
 
Comm 486C: Social Responsibility of Business is to Increase its Profits, Milt...
Comm 486C: Social Responsibility of Business is to Increase its Profits, Milt...Comm 486C: Social Responsibility of Business is to Increase its Profits, Milt...
Comm 486C: Social Responsibility of Business is to Increase its Profits, Milt...Girish Ananthanarayana
 
The Social Responsibility Of Business by Milton Friedman
The Social Responsibility Of Business by Milton FriedmanThe Social Responsibility Of Business by Milton Friedman
The Social Responsibility Of Business by Milton FriedmanHector Rodriguez
 
Cultural social responsibity
Cultural social responsibityCultural social responsibity
Cultural social responsibityBathula Meghana
 
Rethinking the social responsibility of business
Rethinking the social responsibility of businessRethinking the social responsibility of business
Rethinking the social responsibility of businessSunita Bantawa
 
Csr theories & stakeholders
Csr theories & stakeholdersCsr theories & stakeholders
Csr theories & stakeholdersSoumyajit Sengupta
 
CSR
CSRCSR
CSRMisbah Choudhary
 

Recommended

Final group presentation web 2- friedman
Final group presentation web 2- friedmanFinal group presentation web 2- friedman
Final group presentation web 2- friedmanLisaLisa10
 
A Comparison of Friedman and Carroll
A Comparison of Friedman and CarrollA Comparison of Friedman and Carroll
A Comparison of Friedman and CarrollChrisSwanson37
 
Comm 486C: Social Responsibility of Business is to Increase its Profits, Milt...
Comm 486C: Social Responsibility of Business is to Increase its Profits, Milt...Comm 486C: Social Responsibility of Business is to Increase its Profits, Milt...
Comm 486C: Social Responsibility of Business is to Increase its Profits, Milt...Girish Ananthanarayana
 
The Social Responsibility Of Business by Milton Friedman
The Social Responsibility Of Business by Milton FriedmanThe Social Responsibility Of Business by Milton Friedman
The Social Responsibility Of Business by Milton FriedmanHector Rodriguez
 
Cultural social responsibity
Cultural social responsibityCultural social responsibity
Cultural social responsibityBathula Meghana
 
Rethinking the social responsibility of business
Rethinking the social responsibility of businessRethinking the social responsibility of business
Rethinking the social responsibility of businessSunita Bantawa
 
Csr theories & stakeholders
Csr theories & stakeholdersCsr theories & stakeholders
Csr theories & stakeholdersSoumyajit Sengupta
 
CSR
CSRCSR
CSRMisbah Choudhary
 
Business ethics (CSR)
Business ethics (CSR)Business ethics (CSR)
Business ethics (CSR)shagun jain
 
Corporate social responsbility
Corporate social responsbilityCorporate social responsbility
Corporate social responsbilitykartik saxena
 
Corporate social responsibility: The policy debate
Corporate social responsibility: The policy debateCorporate social responsibility: The policy debate
Corporate social responsibility: The policy debateStephen Bainbridge
 
Unit ii business society - compiled
Unit ii business society - compiledUnit ii business society - compiled
Unit ii business society - compiledNaveen Kumar
 
Approches to csr
Approches to csrApproches to csr
Approches to csrsajal789
 
Corporate Citizenship
Corporate CitizenshipCorporate Citizenship
Corporate CitizenshipHector Rodriguez
 
Corporate Social Responsibility
Corporate Social ResponsibilityCorporate Social Responsibility
Corporate Social ResponsibilityDenni Domingo
 
Ecorl pou-corporate-social-responsibility-introduction-deepening
Ecorl pou-corporate-social-responsibility-introduction-deepeningEcorl pou-corporate-social-responsibility-introduction-deepening
Ecorl pou-corporate-social-responsibility-introduction-deepeningUniversità Popolare di Firenze
 
Corporate social responsibility babasab patil
Corporate social responsibility babasab patil Corporate social responsibility babasab patil
Corporate social responsibility babasab patil Babasab Patil
 
Business & Society
Business & SocietyBusiness & Society
Business & SocietyFarah Latiff
 
Ch 3-Slides
Ch 3-SlidesCh 3-Slides
Ch 3-SlidesCyrus Helf
 
Tutorial aid: Ethics and CSR for global companies
Tutorial aid: Ethics and CSR for global companiesTutorial aid: Ethics and CSR for global companies
Tutorial aid: Ethics and CSR for global companiesSteve Raybould
 
Tbl corporate social responsibility ramya
Tbl corporate social responsibility ramyaTbl corporate social responsibility ramya
Tbl corporate social responsibility ramyaRamya Shree.M.G
 
Corporate social responsibility
Corporate social responsibilityCorporate social responsibility
Corporate social responsibilitySaurabh Tiwari
 
The role of government in corporate social responsibility acitons by enterpri...
The role of government in corporate social responsibility acitons by enterpri...The role of government in corporate social responsibility acitons by enterpri...
The role of government in corporate social responsibility acitons by enterpri...Verina Ingram
 
Corporate Social Responsibility
Corporate Social ResponsibilityCorporate Social Responsibility
Corporate Social ResponsibilitySteve Raybould
 
Corporate social respobsibility:Is it positive or negative, Contradictory vie...
Corporate social respobsibility:Is it positive or negative, Contradictory vie...Corporate social respobsibility:Is it positive or negative, Contradictory vie...
Corporate social respobsibility:Is it positive or negative, Contradictory vie...Ali jili'ow
 
social
social social
social Rohan Kapoor
 
8Corporate social responsibility
8Corporate social responsibility8Corporate social responsibility
8Corporate social responsibilityNimantha Perera
 
Csr mj
Csr mjCsr mj
Csr mjManjula Jagatramka
 
Environmental protection
Environmental protectionEnvironmental protection
Environmental protectiony8_mohamud
 
Stations of the cross
Stations of the crossStations of the cross
Stations of the crossJohn Carlos Wee
 

More Related Content

What's hot

Business ethics (CSR)
Business ethics (CSR)Business ethics (CSR)
Business ethics (CSR)shagun jain
 
Corporate social responsbility
Corporate social responsbilityCorporate social responsbility
Corporate social responsbilitykartik saxena
 
Corporate social responsibility: The policy debate
Corporate social responsibility: The policy debateCorporate social responsibility: The policy debate
Corporate social responsibility: The policy debateStephen Bainbridge
 
Unit ii business society - compiled
Unit ii business society - compiledUnit ii business society - compiled
Unit ii business society - compiledNaveen Kumar
 
Approches to csr
Approches to csrApproches to csr
Approches to csrsajal789
 
Corporate Social Responsibility
Corporate Social ResponsibilityCorporate Social Responsibility
Corporate Social ResponsibilityDenni Domingo
 
Ecorl pou-corporate-social-responsibility-introduction-deepening
Ecorl pou-corporate-social-responsibility-introduction-deepeningEcorl pou-corporate-social-responsibility-introduction-deepening
Ecorl pou-corporate-social-responsibility-introduction-deepeningUniversità Popolare di Firenze
 
Corporate social responsibility babasab patil
Corporate social responsibility babasab patil Corporate social responsibility babasab patil
Corporate social responsibility babasab patil Babasab Patil
 
Business & Society
Business & SocietyBusiness & Society
Business & SocietyFarah Latiff
 
Tutorial aid: Ethics and CSR for global companies
Tutorial aid: Ethics and CSR for global companiesTutorial aid: Ethics and CSR for global companies
Tutorial aid: Ethics and CSR for global companiesSteve Raybould
 
Tbl corporate social responsibility ramya
Tbl corporate social responsibility ramyaTbl corporate social responsibility ramya
Tbl corporate social responsibility ramyaRamya Shree.M.G
 
Corporate social responsibility
Corporate social responsibilityCorporate social responsibility
Corporate social responsibilitySaurabh Tiwari
 
The role of government in corporate social responsibility acitons by enterpri...
The role of government in corporate social responsibility acitons by enterpri...The role of government in corporate social responsibility acitons by enterpri...
The role of government in corporate social responsibility acitons by enterpri...Verina Ingram
 
Corporate Social Responsibility
Corporate Social ResponsibilityCorporate Social Responsibility
Corporate Social ResponsibilitySteve Raybould
 
Corporate social respobsibility:Is it positive or negative, Contradictory vie...
Corporate social respobsibility:Is it positive or negative, Contradictory vie...Corporate social respobsibility:Is it positive or negative, Contradictory vie...
Corporate social respobsibility:Is it positive or negative, Contradictory vie...Ali jili'ow
 
8Corporate social responsibility
8Corporate social responsibility8Corporate social responsibility
8Corporate social responsibilityNimantha Perera
 

What's hot (20)

Business ethics (CSR)
Business ethics (CSR)Business ethics (CSR)
Business ethics (CSR)
 
Corporate social responsbility
Corporate social responsbilityCorporate social responsbility
Corporate social responsbility
 
Corporate social responsibility: The policy debate
Corporate social responsibility: The policy debateCorporate social responsibility: The policy debate
Corporate social responsibility: The policy debate
 
Unit ii business society - compiled
Unit ii business society - compiledUnit ii business society - compiled
Unit ii business society - compiled
 
Approches to csr
Approches to csrApproches to csr
Approches to csr
 
Corporate Citizenship
Corporate CitizenshipCorporate Citizenship
Corporate Citizenship
 
Corporate Social Responsibility
Corporate Social ResponsibilityCorporate Social Responsibility
Corporate Social Responsibility
 
Ecorl pou-corporate-social-responsibility-introduction-deepening
Ecorl pou-corporate-social-responsibility-introduction-deepeningEcorl pou-corporate-social-responsibility-introduction-deepening
Ecorl pou-corporate-social-responsibility-introduction-deepening
 
Corporate social responsibility babasab patil
Corporate social responsibility babasab patil Corporate social responsibility babasab patil
Corporate social responsibility babasab patil
 
Business & Society
Business & SocietyBusiness & Society
Business & Society
 
Ch 3-Slides
Ch 3-SlidesCh 3-Slides
Ch 3-Slides
 
Tutorial aid: Ethics and CSR for global companies
Tutorial aid: Ethics and CSR for global companiesTutorial aid: Ethics and CSR for global companies
Tutorial aid: Ethics and CSR for global companies
 
Tbl corporate social responsibility ramya
Tbl corporate social responsibility ramyaTbl corporate social responsibility ramya
Tbl corporate social responsibility ramya
 
Corporate social responsibility
Corporate social responsibilityCorporate social responsibility
Corporate social responsibility
 
The role of government in corporate social responsibility acitons by enterpri...
The role of government in corporate social responsibility acitons by enterpri...The role of government in corporate social responsibility acitons by enterpri...
The role of government in corporate social responsibility acitons by enterpri...
 
Corporate Social Responsibility
Corporate Social ResponsibilityCorporate Social Responsibility
Corporate Social Responsibility
 
Corporate social respobsibility:Is it positive or negative, Contradictory vie...
Corporate social respobsibility:Is it positive or negative, Contradictory vie...Corporate social respobsibility:Is it positive or negative, Contradictory vie...
Corporate social respobsibility:Is it positive or negative, Contradictory vie...
 
social
social social
social
 
8Corporate social responsibility
8Corporate social responsibility8Corporate social responsibility
8Corporate social responsibility
 
Csr mj
Csr mjCsr mj
Csr mj
 

Viewers also liked

Environmental protection
Environmental protectionEnvironmental protection
Environmental protectiony8_mohamud
 
Productivity breakthrough for Outlook users - 5 time-wasting wasting mistakes...
Productivity breakthrough for Outlook users - 5 time-wasting wasting mistakes...Productivity breakthrough for Outlook users - 5 time-wasting wasting mistakes...
Productivity breakthrough for Outlook users - 5 time-wasting wasting mistakes...Gerrit Cloete
 
VERTEBRATES PPT CLIL
VERTEBRATES PPT CLILVERTEBRATES PPT CLIL
VERTEBRATES PPT CLILgemmaca
 

Viewers also liked (6)

Environmental protection
Environmental protectionEnvironmental protection
Environmental protection
 
Stations of the cross
Stations of the crossStations of the cross
Stations of the cross
 
Productivity breakthrough for Outlook users - 5 time-wasting wasting mistakes...
Productivity breakthrough for Outlook users - 5 time-wasting wasting mistakes...Productivity breakthrough for Outlook users - 5 time-wasting wasting mistakes...
Productivity breakthrough for Outlook users - 5 time-wasting wasting mistakes...
 
Capital budgeting techniques
Capital budgeting techniquesCapital budgeting techniques
Capital budgeting techniques
 
VERTEBRATES PPT CLIL
VERTEBRATES PPT CLILVERTEBRATES PPT CLIL
VERTEBRATES PPT CLIL
 
Can business ethics be learned
Can business ethics be learnedCan business ethics be learned
Can business ethics be learned
 

Similar to Social Responsibility + Profits - Friedman

Social responsibilityof business - social marketing
Social responsibilityof business - social marketingSocial responsibilityof business - social marketing
Social responsibilityof business - social marketingArise Roby
 
Social responsibility of business
Social responsibility of businessSocial responsibility of business
Social responsibility of businessFlex
 
Corporate social responsibility competitive advantage or social concern
Corporate social responsibility competitive advantage or social concernCorporate social responsibility competitive advantage or social concern
Corporate social responsibility competitive advantage or social concernAlexander Decker
 
11.corporate social responsibility competitive advantage or social concern
11.corporate social responsibility competitive advantage or social concern11.corporate social responsibility competitive advantage or social concern
11.corporate social responsibility competitive advantage or social concernAlexander Decker
 
Copy of TEAM 2 - WEEK 7 LC (1).pdf
Copy of TEAM 2 - WEEK 7 LC (1).pdfCopy of TEAM 2 - WEEK 7 LC (1).pdf
Copy of TEAM 2 - WEEK 7 LC (1).pdfDineshKumar207274
 
Corporate social responsibility
Corporate social responsibilityCorporate social responsibility
Corporate social responsibilityFaltu Focat
 
1-corporate social responsibility-good.pptx
1-corporate social responsibility-good.pptx1-corporate social responsibility-good.pptx
1-corporate social responsibility-good.pptxLourdesEyo1
 
Unit ii business society - compiled
Unit ii business society - compiledUnit ii business society - compiled
Unit ii business society - compiledNaveen Kumar
 
The Relationship Between Corporate Ethics in Determining the Morality, Perfor...
The Relationship Between Corporate Ethics in Determining the Morality, Perfor...The Relationship Between Corporate Ethics in Determining the Morality, Perfor...
The Relationship Between Corporate Ethics in Determining the Morality, Perfor...CharleneWoods5
 
The Relationship Between Corporate Ethics in Determining the Morality, Perfor...
The Relationship Between Corporate Ethics in Determining the Morality, Perfor...The Relationship Between Corporate Ethics in Determining the Morality, Perfor...
The Relationship Between Corporate Ethics in Determining the Morality, Perfor...CharleneWoods5
 
MSc Corporate Comms Course Lectures 2010 - London School of Economics, Corpo...
MSc Corporate Comms Course Lectures 2010 - London School of Economics, Corpo...MSc Corporate Comms Course Lectures 2010 - London School of Economics, Corpo...
MSc Corporate Comms Course Lectures 2010 - London School of Economics, Corpo...Good Public Relations
 
Assignment CSR and Marketing Approaches
Assignment CSR and Marketing ApproachesAssignment CSR and Marketing Approaches
Assignment CSR and Marketing ApproachesAkhunzada Maaz Rashid
 

Similar to Social Responsibility + Profits - Friedman (20)

Social responsibilityof business - social marketing
Social responsibilityof business - social marketingSocial responsibilityof business - social marketing
Social responsibilityof business - social marketing
 
Lesson 5
Lesson 5Lesson 5
Lesson 5
 
Social responsibility of business
Social responsibility of businessSocial responsibility of business
Social responsibility of business
 
24 business i environment i society mba 2016
24 business i environment i society mba 201624 business i environment i society mba 2016
24 business i environment i society mba 2016
 
Corporate social responsibility competitive advantage or social concern
Corporate social responsibility competitive advantage or social concernCorporate social responsibility competitive advantage or social concern
Corporate social responsibility competitive advantage or social concern
 
11.corporate social responsibility competitive advantage or social concern
11.corporate social responsibility competitive advantage or social concern11.corporate social responsibility competitive advantage or social concern
11.corporate social responsibility competitive advantage or social concern
 
Copy of TEAM 2 - WEEK 7 LC (1).pdf
Copy of TEAM 2 - WEEK 7 LC (1).pdfCopy of TEAM 2 - WEEK 7 LC (1).pdf
Copy of TEAM 2 - WEEK 7 LC (1).pdf
 
Csr and ethics
Csr and ethicsCsr and ethics
Csr and ethics
 
Corporate social responsibility
Corporate social responsibilityCorporate social responsibility
Corporate social responsibility
 
1-corporate social responsibility-good.pptx
1-corporate social responsibility-good.pptx1-corporate social responsibility-good.pptx
1-corporate social responsibility-good.pptx
 
Corporate Social Responsibility
Corporate Social ResponsibilityCorporate Social Responsibility
Corporate Social Responsibility
 
Unit ii business society - compiled
Unit ii business society - compiledUnit ii business society - compiled
Unit ii business society - compiled
 
The Relationship Between Corporate Ethics in Determining the Morality, Perfor...
The Relationship Between Corporate Ethics in Determining the Morality, Perfor...The Relationship Between Corporate Ethics in Determining the Morality, Perfor...
The Relationship Between Corporate Ethics in Determining the Morality, Perfor...
 
The Relationship Between Corporate Ethics in Determining the Morality, Perfor...
The Relationship Between Corporate Ethics in Determining the Morality, Perfor...The Relationship Between Corporate Ethics in Determining the Morality, Perfor...
The Relationship Between Corporate Ethics in Determining the Morality, Perfor...
 
MSc Corporate Comms Course Lectures 2010 - London School of Economics, Corpo...
MSc Corporate Comms Course Lectures 2010 - London School of Economics, Corpo...MSc Corporate Comms Course Lectures 2010 - London School of Economics, Corpo...
MSc Corporate Comms Course Lectures 2010 - London School of Economics, Corpo...
 
Csr-new
Csr-newCsr-new
Csr-new
 
Assignment CSR and Marketing Approaches
Assignment CSR and Marketing ApproachesAssignment CSR and Marketing Approaches
Assignment CSR and Marketing Approaches
 
SHRM 21.pptx
SHRM 21.pptxSHRM 21.pptx
SHRM 21.pptx
 
Final ugbs 207
Final ugbs 207Final ugbs 207
Final ugbs 207
 
Final ugbs 207
Final ugbs 207Final ugbs 207
Final ugbs 207
 

Recently uploaded

Mifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in Oman
Mifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in OmanMifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in Oman
Mifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in Omaninstagramfab782445
 
CROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NSCROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NSpanmisemningshen123
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 MonthsIndeedSEO
 
Mckinsey foundation level Handbook for Viewing
Mckinsey foundation level Handbook for ViewingMckinsey foundation level Handbook for Viewing
Mckinsey foundation level Handbook for ViewingNauman Safdar
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxCynthia Clay
 
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdfTVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdfbelieveminhh
 
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)Adnet Communications
 
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...Falcon Invoice Discounting
 
Lucknow Housewife Escorts by Sexy Bhabhi Service 8250092165
Lucknow Housewife Escorts by Sexy Bhabhi Service 8250092165Lucknow Housewife Escorts by Sexy Bhabhi Service 8250092165
Lucknow Housewife Escorts by Sexy Bhabhi Service 8250092165meghakumariji156
 
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...NadhimTaha
 
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGParadip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGpr788182
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwaitdaisycvs
 
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAIGetting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAITim Wilson
 
Phases of Negotiation .pptx
Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptxnandhinijagan9867
 
Arti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfArti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfwill854175
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityEric T. Tung
 
Falcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business PotentialFalcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business PotentialFalcon investment
 

Recently uploaded (20)

Mifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in Oman
Mifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in OmanMifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in Oman
Mifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in Oman
 
HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024
 
CROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NSCROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NS
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
 
Mckinsey foundation level Handbook for Viewing
Mckinsey foundation level Handbook for ViewingMckinsey foundation level Handbook for Viewing
Mckinsey foundation level Handbook for Viewing
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
 
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdfTVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
 
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
 
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
 
Lucknow Housewife Escorts by Sexy Bhabhi Service 8250092165
Lucknow Housewife Escorts by Sexy Bhabhi Service 8250092165Lucknow Housewife Escorts by Sexy Bhabhi Service 8250092165
Lucknow Housewife Escorts by Sexy Bhabhi Service 8250092165
 
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
 
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGParadip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
 
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAIGetting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
 
Phases of Negotiation .pptx
Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptx
 
Arti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfArti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdf
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League City
 
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pillsMifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
 
!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...
!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...
!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...
 
Falcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business PotentialFalcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business Potential
 

Social Responsibility + Profits - Friedman

  • 1.
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10. A Synergistic Approach (cont’d) 2007 – 2010 Financial Donations: Employee Participation 2008 - 2010 Financial donations and volunteerism: Total employee contribution Financial Year 2010 2009 2008 2007 Dividends paid per share: $0.40 $0.34 $0.34 $0.32 Earnings per share : $1.88 $1.58 $1.34 1.05
  • 11.
  • 12.