Question: page 488, question 9.18 Explain and evaluate the following statement by Chandler (2010): Let's get beyond the idea that firms are inherently evil. Such a
page 488, question 9.18 Explain and evaluate the following statement by Chandler (2010): "Let's get beyond the idea that firms are inherently evil. Such a perspective does not absolve firms of responsibility, but recognize that for-profit organizations add considerable social value in producing products and services that are in demand. It also recognize that the relationship between firms and society is symbiotic and, as a result, the responsibility to ensure social responsible outcomes is shared. In the same way that we deserve the politicians we vote for, we also deserve the companies we purchase from
Book reference
Deegan, C,. Financial Accounting Theory, 4edth
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