Jack Welch, Chairman and Chief Executive Officer, General Electric Company (headquartered in USA):

"I've always believed that the greatest contribution a business could make to society was its own success, which is a fountainhead of jobs, taxes, and spending in the community. I still believe that - but I don't think that is enough anymore. And I don't believe that even generous financial philanthropy on top of that prosperity is enough. …[T]hese times…will not allow companies to remain aloof and prosperous while the surrounding communities decline and decay."

[from Jack Welch, "A CEO Forum: What Corporate Social Responsibility Means to Me; Wanted: Teachers and Leaders," Business and Society Review, No. 81, spring 1992, p. 88]