In 1970, Times magazine issued an article “The Social Responsibility of Business Is to Increase Its Profits” written by the eminent economist Milton Friedman, where he argued about the sole goal of business structures. He claims that a basic objective is to generate incomes of the shareholders.

Moreover, the economist maintains the following standpoint: companies that adopted “responsible” attitude could face more obligatory constraints if compared with firms that did not, presenting them less competitive. The foremost economic theorist Milton Friedman claims that the only one responsibility o...