Question

According to ____, corporate social responsibility creates administrative expenses, distracts executives, confuses economic goals with other goals, and subtracts from social welfare when the corporation is less efficient.

Answer 1

Conservative economist.

Step-by-step explanation:

Conservative economist: There are set of economist, who believe in political economic philosophy in regards to fiscal policy or other financial policy government and advocate orthodox policy of low taxes, lesser goverment spending, low spending on social welfare programe, reduced debt, and higher savings.

Corporate social responsibility: It is a policy to make corporate socially accountable and can contribute toward development of society not just involved in making profit, in return government provide tax incentive to the corporate.

According to conservative economist, these corporate social responsibility creates administrative expenses, distracts executives, confuses economic goals with other goals, and subtracts from social welfare when the corporation is less efficient.