issue 130-提纲

tesolchina_RAUID：3675555

issue 130/150

Some people believe that corporations have a responsibility to promote the well-being of the societies and environments in which they operate. Others believe that the only responsibility of corporations, provided they operate within the law, is to make as much money as possible.

Write a response in which you discuss which view more closely aligns with your own position and explain your reasoning for the position you take. In developing and supporting your position, you should address both of the views presented.

Thesis statement: I agree that the corporations should be expected to maximise their profits for their investors through any legal operations.  Allowing the corporations to do so would not lead to undesirable outcomes for the society so long as the government and the members of the public offer sufficient incentives to encourage socially responsible corporate behaviours through government policies and decisions of customers.  

ts1: the nature of corporation as an organization that maximizes its profits means that the  managers have the responsibility to make decisions based on whether or not the shareholders’ interests could be promoted
- the corporation as an institution sperates the ownership and the management
- the managers should be responsible for maximizing the profits for the stockholders
- they should avoid doing anything illegal to reduce the costs  
- the market mechanism would ensure that protfit-maximizing corps also create value for the society in an efficient way

ts2: Nevertheless, the government may offer some incentives for the corporations to care more about the well-being of the society and environment through tax credit or subsidy.
- tax credit for investment in renewable energy
- subsidy for hiring physically challenged employees or recently unemployed people


ts3: Meanwhile, if the public makes it clear that certain issues do matter, the corporations will also take the public interest into account as their reputation and long-term interests are at stake.  
- Google’s “do no evil” motto
- people support Google by using it
- Wong Lo kat herbal tea donated a large amount of money to the relief efforts of SiChuan earthquake
- the sales of the herbal tea skyrocketed



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