See VotawD.SethiS. P., The Corporate Dilemma: Traditional Values versus Contemporary Problems (Englewood Cliffs, N.J.: Prentice-Hall, 1973), pp. 9–46; 167–191.
2.
For an interesting and succinct exposition of these differing viewpoints, see articles by the following in SethiS. P., ed., The Unstable Ground: Corporate Social Policy in a Dynamic Society (Los Angeles: Melville Publishing, 1974): BradshawT. F., pp. 24–31; VotawD., pp. 14–23; MooreP., pp. 47–56; and JonesM. G., pp. 32–46.
3.
See, for example, LinowesD., “Let's Get on with the Social Audit: A Specific Proposal,”Business and Society Review/Innovation (Winter 1972–73), pp. 39–49; LinowesD., Strategies for Survival (New York: American Management Association, 1973); AbtC., Abt Associates Inc., Annual Report and Social Audit, 1973 (Cambridge, Mass.: Abt Associates, 1973); BauerR. A.FennD. H.Jr., The Corporate Social Audit (New York: Russell Sage Foundation, 1972); EstesR. W., “Integration of Economic and Social Effects in a Comprehensive Corporate Reporting Model,” unpublished paper (Wichita, Kansas: Wichita State University, 1974); and EstesR. W., “Accounting for Social Costs,”Accounting Review (April 1972), pp. 284–290.
4.
YankelovichD., Inc., Corporate Priorities: A Continuing Study of the New Demands on Business (Stamford, Conn.: Yankelovich, 1972); Opinion Research Corporation, ORC Public Opinion Index30, nos. 6, 8, and 13 (Princeton, N.J.: ORC, 1972); and “America's Growing Antibusiness Mood,”Business Week (19 June 1972).
5.
ShockerA. D.SethiS. P., “An Approach to Incorporating Social Preferences in Developing Corporate Action Strategies,” in Sethi, ed., The Unstable Ground, pp. 67–80.
6.
SethiS. P., “Corporate Social Audit: An Emerging Trend in Measuring Corporate Social Performance,” in VotawSethi, The Corporate Dilemma, pp. 214–231.
7.
DieboldJ., “Management Can Learn from Japan,”Business Week (27 September 1973), pp. 14–15; SethiS. P., “Drawbacks of Japanese Management: Westerners Can Envy the Results, but They Should Not Try to Imitate the Japanese Style,”Business Week (24 November 1973), pp. 12–14; and DruckerP., “What We Can Learn from Japanese Management,”Harvard Business Review (March-April 1971), pp. 110–122.
8.
See PrestonL. E.PostJ. E., Private Management and Public Policy: The Principle of Public Responsibility (Englewood Cliffs, N.J.: Prentice-Hall, in press), pp. 1–13; and GrossB. M., “Social Systems Accounting,” in BauerR. A., Social Indicators (Cambridge, Mass.: MIT Press, 1966).
9.
See SethiS. P., Business Corporations and the Black Man: An Analysis of Social Conflict (Scranton, Pa.: Intext, 1970), pp. 1–13; and ChamberlainN. W., Enterprise and Environment: The Firm in Time and Place (New York: McGraw-Hill, 1968).
10.
VotawD., Legal Aspects of Business Administration, 3d ed. (Englewood Cliffs, N.J.: Prentice-Hall, 1969).
11.
I am indebted to my colleague Professor Michael Conant for these comments.
12.
DowlingJ.PfefferJ., “Organizational Legitimacy: Social Values and Organizational Behavior,”Pacific Sociological Review (in press), pp. 3–4.
13.
EpsteinE. M., “The Historical Enigma of Corporate Legitimacy,”California Law Review (Vol. 60, 1972), pp. 1701–1718.