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While the concept of corporate responsibility isn't new--H.J. Heinz was practicing social welfare in the 19th century--the issue in the modern corporation reemerged in the 1960s, when activists began targeting outfits such as Dow Chemical and General Electric...

Author: /time Magazine | Title: GOOD FOR THE BOTTOM LINE | 5/20/1996 | See Source »

From those confrontations emerged a pecking order of corporate responsibility defined around the concept of stakeholders. These stakeholders include the shareholders--the owners of the company--as well as employees, suppliers, customers and local communities. But in the '80s some of these stakes were crushed in the machinery of mergers or restructuring. Cities lost powerful corporate allies, that were relegated to subsidiary status by headquarters in distant places. In industries such as textiles and steel, plant shutdowns destroyed forever the notion that the company takes care of its own. Steel towns in Pennsylvania, like Duquesne, collapsed when their blast furnaces...

Author: /time Magazine | Title: GOOD FOR THE BOTTOM LINE | 5/20/1996 | See Source »

...They expected me to learn a trade or learn something to get a specific job," Terriquez says of her parents. "They saw college as a specific trade school, like, 'Learn to be a lawyer.' They don't grasp the concept that sociology...

Author: NO WRITER ATTRIBUTED | Title: Class Differences Limit Interaction | 5/15/1996 | See Source »

...Openness is an unusual concept when it comes to defense," he said. "The art of war involves secrecy and surprise, while the art of peace involves honesty and trust...

Author: By Matthew S. Mchale, | Title: Perry Outlines U.S. Defense Strategies | 5/15/1996 | See Source »

...July 26). A weird guy (De Niro) stalks a star (Wesley Snipes). That's it, at least in the high-concept, low-content trailer, which is all sweat and slow menace. We guess it's the same plot as The Cable Guy, perhaps with fewer laughs...

Author: /time Magazine | Title: CINEMA: SUDDENLY THIS SUMMER | 5/13/1996 | See Source »

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