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- 声望
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TOPIC: ISSUE152 - "The only responsibility of corporate executives, provided they stay within the law, is to make as much money as possible for their companies."
WORDS: 542
TIME: 00:45:00
DATE: 2010-3-15 21:26:17
In this more and more competitive world, to survive is the first-hand purpose of every one, both in the individual level and in the corporate level. However, only satisfying shareholders is far from enough. Usually, companies have two kinds of responsibilities--private responsibility and social responsibility, for they serve as two different roles--assets of private investors and benefiters of society. Therefore, as the leader of a corporate company, the executives should first focus on earn more money for the company within the law. The rest part lies in redounding upon the society where they earn money.
As mentioned above, corporate, which is the production of market economy, is set up by the capital of its shareholders who aim at increasing that capital. Therefore the first and foremost responsibility of a corporate executive is to search remunerative projects and to make the firm profitable. This seemingly selfish behavior in fact not only benefits the company and its shareholders, but also enables the much more employees to live a better life. Only when the firms are able to survive in the fierce competition, their employees can expect a stable incoming to feed their families. If not, the only outcome is being discharged with the bankruptcy of the company, which is the worst for anyone who seeks happy life. And this is also the fundamental requirement of a healthy developing society.
However, the executives should avoid too shortsighted to account for the external influences they bring to the society. They should realize that what they earn is from utilizing the social resources, no matter the materials or the employees. If they meet their own selfish pursuit for money at the cost of damaging the social benefits, they are indeed risking damaging their future. The example of environment pollution aptly illustrates this point. Once the paper-producing factory pours its waste without filtration in order to save cost in short term, it is more likely that the river and soil around it will be polluted that the trees growing upon will suffer. The factory has to import timbers from other spaces and the cost in the long term must increase as a result.
Also, corporate executives should also account for their influences on people in the society, no matter they are their employees or not. In order to pursue long term profit, the corporate should provide its faculty enough opportunities to learn and progress. Other than the salaries, training programs are also necessary despite they consume some of the corporate profits. To the people outside the company, executives should be more discreet because they are either customers or potential employees. A student who has ever received sponsorship from one corporate will be more likely to work for the corporate in the future. In addition, in the hard time of financial crisis like today, in order to maintain a good reputation and expect to recover in the near future, advisable executives should boom the morale of the staff rather than dismiss them on the purpose of curtail the cost.
In conclusion, the speaker overlooks the social responsibility of the corporate executives. As an organism component as well as the benefiter of the society, the companies should account for their external influences on the society, including the environment and people.
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