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Arguments for social involvement of business:

a.

Public expectations

b.

Long run profits

c.

Ethical obligation

d.

Public image

e.

Better environment

f.

Discouragement of further government regulation

g.

Balance of responsibility and power

h.

Stockholder interests

i.

Possession of resources

j.

Superiority of prevention over cures

Arguments against social involvement of business:

a.

Violation of profit maximization

b.

Dilution of purpose

c.

Costs

d.

Too much power

e.

Lack of skills

f.

Lack of accountability

g.

Lack of broad public support

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