Do Firms with Unique Competencies for Rescuing Victims of Human Catastrophes Have Special Obligations? Corporate Responsibility and the Aids Catastrophe in Sub-Saharan Africa

Firms possessing a unique competency to rescue the victims of a human catastrophe have a minimum moral obligation to devote substantial resources toward best efforts to aid the victims. The minimum amount that firms should devote to rescue is the largest sum of their most recent year’s investment in social initiatives, their five-year trend, their industry’s average, or the national average. Financial exigency may justify a lower level of investment. Alternative social investments may be continued if they have an equally compelling rationale. These duties apply to the global pharmaceutical companies in the context of the AIDS pandemic in sub-Saharan Africa.

[1]  P. Gove Webster's Third New International Dictionary , 1986 .

[2]  L. Zacharias,et al.  The Economic Structure of Corporate Law , 1993 .

[3]  M. Porter,et al.  The competitive advantage of corporate philanthropy. , 2002, Harvard business review.

[4]  Craig Smith The new corporate philanthropy , 1994 .

[5]  A. Crane,et al.  Corporate Citizenship: Toward an Extended Theoretical Conceptualization , 2005 .

[6]  Thomas W. Dunfee Business Ethics and Extant Social Contracts , 1991, Business Ethics Quarterly.

[7]  A. Mcmahon Protecting the vulnerable. , 2000, Nursing standard (Royal College of Nursing (Great Britain) : 1987).

[8]  J. Putzel The global fight against AIDS: how adequate are the National Commissions , 2004 .

[9]  M. Friedman The Social Responsibility of Business Is to Increase Its Profits , 2007 .

[10]  Barbara R. Bartkus,et al.  Having, Giving, and Getting: Slack Resources, Corporate Philanthropy, and Firm Financial Performance , 2004 .

[11]  Carol M. Sánchez Ties That Bind: A Social Contracts Approach to Business Ethics , 1999 .

[12]  J. D. Margolis,et al.  People and profits? : the search for a link between a company's social and financial performance , 2001 .

[13]  Minette E. Drumwright,et al.  Company Advertising with a Social Dimension: The Role of Noneconomic Criteria , 1996 .

[14]  D. Wood,et al.  Business Citizenship: From Domestic to Global Level of Analysis , 2002, Business Ethics Quarterly.

[15]  David Hess,et al.  The Next Wave of Corporate Community Involvement: Corporate Social Initiatives , 2002 .

[16]  N. Minow Corporate Charity: An Oxymoron? , 1999 .

[17]  Thomas W. Dunfee Corporate Governance in a Market with Morality , 1999 .

[18]  Kenneth C. Shadlen Challenges to treatment: the price-infrastructure trap and access to HIV|AIDS drugs , 2004 .

[19]  W. Reisel,et al.  The Distribution of Life‐Saving Pharmaceuticals: Viewing the Conflict Between Social Efficiency and Economic Efficiency Through a Social Contract Lens , 2003 .

[20]  Anil Menon,et al.  Cause-Related Marketing: A Coalignment of Marketing Strategy and Corporate Philanthropy , 1988 .

[21]  富野 康日己,et al.  Annual review 腎臓 , 1987 .