Responsible Firms - 9781837539635

Responsible FirmsCSR, ESG, and Global Sustainability\nAuthor(s): J. Jay Choi, Jimi Kim\nFormat: Hardback\nPublisher: Emerald Publishing Limited, United Kingdom\nImprint: Emerald Publishing Limited\nISBN-13: 9781837539635, 978-1837539635\nSynopsis\nThe purpose of corporations has long been debated, with the traditional view asserting that a firm's primary responsibility is to maximize shareholder profits. This profit-centric approach is believed to drive efficiency, innovation, and economic growth. However, an evolving perspective argues that corporations have broader responsibilities that include social and environmental considerations, suggesting that corporations should also focus on the well-being of employees, fair wages, and sustainable practices to create positive social impacts and long-term benefits.\n\nResponsible Firms: CSR, ESG, and Global Sustainability examines global contemporary models of the \""responsible firm\"", investigating how broader social responsibilities are, .