:: Volume 1, Issue 2 (Interdisciplinary Legal Research, Jul 2020) ::
ILR 2020, 1(2): 86-98 Back to browse issues page
Social Responsibility of Corporations
Mohammad Reza PendashtehPour
Department of Law, Faculty of Humanity Science, Shahed University, Tehran, Iran
Abstract:   (1932 Views)
Background and Aim: What arose out of the notion of corporate responsibility is the maximum profitability for its shareholders. However, the discourse of the 21st century has led companies to accept the social responsibility. In other words, firms are not only responsible for their stakeholders but also a responsibility for community in which have business activity.
Materials and Methods: This is a descriptive Study.
Ethical Considerations: Honesty and confidentiality have been observed.
Findings: Accepting social responsibility for companies has pros and cons. however; there are many international and domestic legal documents on corporate social responsibility, foremost of which are the principles of the constitution and articles of labor law.
Conclusion: Today, the expectation of fulfillment of all social goals by states is not possible. Companies due to the power of management, wealth and workers under their supervision can fulfill a part of these social goals.
Keywords: Social Responsibility, Company, State, International Instruments, Law
Full-Text [PDF 993 kb]   (1068 Downloads)    
Type of Study: Research |
Received: 2020/05/23 | Revised: 2020/06/7 | Accepted: 2020/06/18 | Published: 2020/07/1
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