Does It Pay For Companies To Do Good?

Does It Pay For Companies To Do Good? Corporate social responsibility, he argued in 1970, was "pure and unadulterated socialism" and he said that the only responsibility of business is to increase profits. Hedblom, Hickman, and List conclude that corporate social responsibility "should not be viewed as a necessary distraction from the profit motive, but rather an important part of profit maximization." This study is just one in a recent slew that show that there are strong self-serving reasons for companies to spend money on initiatives aimed at improving the social good. John List — the "L" in HHL Solutions — says that yes, his research shows that "people generally want to do good."