Are erected in safeguarding the economic viability of the companies, feeding on the profit and loss account and analyzed whose figures peering relentlessly, hiding behind the quest for profits as collateral for corporate welfare. Shareholders have been consolidated as the quintessential heirs of Milton Friedman maximum-seeking of pure monetary gain, without any concession to the social and environmental issues for decades have been relegated to isolated philanthropic campaigns, with no link with corporate activity as such.
Certainly the maximization of value is and must remain a top priority “of shareholders, but the importance of Corporate Social Responsibility, its full compliance with the economic benefits and great potential for corporate reputation and enhance the confidence interest groups have also taken into account in the new stage production which makes the survival of the companies a long-term sustainable development, citing as weapons transparency and social responsibility.
In recent times there have been many echoes of the voices of those who pressure companies towards the coherent integration of the principles responsible, and trampolines that are business management in the XXI century. The efforts of some of the most important organizations also point in this direction, as shown by the publication by the Global Reporting Initiative Guide “Getting to investors. Communicating ASG Securities,” which seeks to educate investors both individual and institutional, the importance of accountability and the scope of the new G3 guide body, in order to close the information gap between environmental, social and corporate governance in relation to investors.
The social dimension has been treated shareholders including banking moguls like David Rockefeller in his article “maximizing the profits of the company” makes clear that: “It is essential for business leaders recognize that today more than ever before have a number of responsibilities to society that go beyond maximizing profits for shareholders, and profits are still the most important tool we have to promote and expand the welfare of our society. “




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