The Social Contract Theory and Corporation Moral Obligation

Contractual moralists, such as Bowie and Donaldson, have argued that contractual agreement explains why corporations a moral obligation towards the society in which they operate. They argue corporation’s emerges from hypothetical social contract establishes its legitimacy to operate society. Their assumption appears indicate logically necessary relationship between corporation. We there is no relationship: does not necessarily emerge contract. suggest instead of assuming contract, it should be said sustained by This helps answer question where better light.