What is the most important corporate responsibility?

From general citizens’ perspective, corporations have to behave ethically. They have an obligation to contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large. They have to take the lead on social issues like gender inequality, income disparity, environmental pollutions, etc. Their profits should be used for the poor and they should work for public interest. However, the truth is that corporations are owned by shareholders, whose only concern is to generate profit. Under this thinking, executives are duty bound to focus only on making money and spending capital on social issues is theft of shareholder value. The most common approach to this issue is to cast corporate social responsibility as an integral part of profitability and let them recognize that corporations that ignore social issues are actually blind to their own self-interest. Who are the contributors to their profit?

Good evening to you Sir [이름]! Congratulations! You composed magnificent sentences! In addition, you were able to elaborate your ideas well. I hope that you will continue performing this way.^^ Keep your ideas flowing.^^ See you in class.^^Teacher Nina   From general citizens’ perspective, corporations have to behave ethically. >> Correct! They have an obligation to contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large. >> Correct! They have to take the lead on social issues like gender inequality, income disparity, environmental pollutions, etc. >> Correct! Their profits should be used for the poor and they should work for public interest. >> Correct! >> OR: Their profits should be used for the needy and they should work for the public. However, the truth is that corporations are owned by shareholders, whose only concern is to generate profit. >> Correct! Under this thinking, executives are duty bound to focus only on making money and spending capital on social issues is theft of shareholder value. >> Correct! The most common approach to this issue is to cast corporate social responsibility as an integral part of profitability and let them recognize that corporations that ignore social issues are actually blind to their own self-interest. >> Correct! Who are the contributors to their profit? >> Correct!