Title : 
Notice of Retraction
The corporate social responsibility and accountability in the modern corporation
         
        
            Author : 
Hu, Hui ; Wang, Danni
         
        
            Author_Institution : 
Faculty of Business and Government University of Canberra Canberra, Australia
         
        
        
        
        
            Abstract : 
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Friedman (1970) held that the only social responsibility of business is to increase its profits. With the ever changing business environment as well as the rapidly growing public concerns with the impact corporations have on society, the one-sidedness of his assertion becomes obvious in interpreting the behavior of the corporation and the influence of their conduct. Nowadays, the role of a corporation also includes corporate social responsibility (CSR) and accountability, of which the aim is to bring positive and beneficial effects to the stakeholders.
         
        
            Keywords : 
Australia; Economics; Ethics; Games; Government; Law; accountability; business; corporate social responsibility; corporation; profit;
         
        
        
        
            Conference_Titel : 
E -Business and E -Government (ICEE), 2011 International Conference on
         
        
            Conference_Location : 
Shanghai, China
         
        
            Print_ISBN : 
978-1-4244-8691-5
         
        
        
            DOI : 
10.1109/ICEBEG.2011.5882232