Which of the following is not the social responsibility of business towards the investors? |
Ensure safety of capital Ensure proper dividend Ensure proper utilisation of capital Giving an appropriate salary |
Giving an appropriate salary |
The correct answer is option 4- Giving an appropriate salary. Giving appropriate salary is a social responsibility towards employees. A business enterprise has the responsibility to provide a fair return to the shareholders or owners on their capital investment and to ensure the safety of such investment. The corporate enterprise on a company form of organisation must also provide the shareholders with regular, accurate and full information about its working as well as schemes of future growth. |