1. Discuss the conflicting perspectives relating to
corporate social responsibility that exist among economists. In this context,
explain the viewpoints of Adam Smith and Milton Friedman, on one hand, and Paul
Samuelson and Galbraith on the other.
2. Why should public limited companies engage themselves in
corporate social responsibility, when their one and only objective is to earn
profits for their stockholders? Give reasons for and against the argument and
also substantiate them.
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