Archie B. Carroll, a professor emeritus in the Terry College of Business, was quoted in a New York Times article about corporate profits and doing good.
Howard Schultz, the executive chairman of Starbucks spoke at the annual DealBook conference about the importance of enhancing employees’ lives. The notion that companies had some obligation to social good started before Starbucks. In America, early examples of corporate social responsibility date to the late 19th- and early 20th-centuries.
From the 1960s through the 1990s, in response to social movements and ethics scandals, “we witnessed a broadening in the social contract between business and society,” said Carroll, who co-authored the book Corporate Responsibility: The American Experience.