Abstract
Business has power to direct considerable human and other resources on behalf of society. It has far-reaching influence over the way people live, and over the way their societies are run.
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Text References
Robert A. Dahl, ‘Governing the Giant Corporation’, in Ralph Nader and Mark J. Green (eds.), Corporate Power in America (New York: Grossman, 1973), p. 11.
Richard C. Gerstenberg, Chairman of General Motors Corporation, quoted in John Humble, Social Responsibility Audit (London: Foundation for Business Responsibilities, 1973), p. 24.
Robert A. Dahl, op. cit. p. 11.
J. K. Galbraith, ‘On the Economic Image of Corporate Enterprise’, in Ralph Nader and Mark J. Green (eds.), Corporate Power in America (New York: Grossman, 1973), p. 4.
This account is adapted from data published in US Consumer Reports; and in New York Times (Business and Finance section, 23 November 1976).
Lucy Hodges and Charles Medawar, `Advertising: the Art of the Permissible’, in Social Audit No. 5, p. 30.
Subject/search headings: business for example, social responsibilities of;. consumerism for example, influence on business; management for example, decision-making processes; government for example, regulation of business; politics and economics for example, competition, control of business activity.
Ralph Nader (ed.) The Consumer and Corporate Accountability (New York: Harcourt Brace Jovanovich, 1973).
Ralph Nader and Mark J. Green (eds.) Corporate Power in America (New York: Grossman, 1973).
Raymond A. Bauer and Dan H. Fenn Jr., The Corporate Social Audit (New York: The Russell Sage Foundation, 1972).
Meinolf Dierkes and Raymond A. Bauer (eds.) Corporate Social Accounting (New York: Praeger, 1973).
Neil H. Jacoby, Corporate Power and Social Responsibility (London: Collier-Macmillan, 1973).
Edmond Marquès, Taking into Account the Economic and Social Responsibility of the Firm (Paper published by Centre d’Enseignement Superior des Affairs, 1 Rue de la Liberation, 78 Jouy-en-Josas, France, 1975).
David A. Aaker and George S. Day (eds.) Consumerism (New York: The Free Press, 1971).
International Labour Organisation, Study Guide on Consumer Protection (Geneva: ILO, 1976).
J. T. Molony QC (Chairman), Final Report of the Committee on Consumer Protection, Cmnd. 1781 (London: HMSO, 1963).
Folke Colander and Hâkan Lindhoff, Consumer Action Research: A Review of the Consumerism Literature and Suggestions for New Directions in Theoretical and Empirical Research (Berlin: International Institute of Management, 1974).
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Office of Consumer Affairs, Directory of Consumer Organisations: A Selected Listing of Non-Government Organisations at Local, State and National Levels (Washington DC: U.S. Department of Health, Education and Welfare, 1976).
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© 1978 Charles Medawar
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Medawar, C. (1978). Power and Responsibility in Business. In: The Social Audit Consumer Handbook. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-15908-6_1
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DOI: https://doi.org/10.1007/978-1-349-15908-6_1
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