MICHAEL LEE-CHIN FAMILY INSTITUTE for Corporate Citizenship


MICHAEL LEE-CHIN FAMILY INSTITUTE FOR CORPORATE CITIZENSHIP

Creating a Definition Project for Business Leadership

AIC Definition Detailed View

Definition	The inner circle includes the clear-cut responsibilities for the execution of the economic function--products, jobs, and economic growth. The intermediate circle encompasses responsibility to exercise this economic function with a sensitive awareness of changing social values and priorities: for example, with respect to environmental conservation; hiring and relations with employees; and more rigorous expectations of customers for information, fair treatment, and protection for injury. The outer circle outlines newly emerging and still amorphous responsibilities that business should assume to become more broadly involved in actively improving the social environment.
Author 1	Committee for Economic Development
Author 2
Author 3
Reference Journal
Reference Publisher	Committee for Economic Development
Reference Year	1971
Approval Status	YES