  Do corporations have obligations of beneficence to some larger community? Many corporations have answered yes to this question. In a statement of “The Johnson and Johnson Way,” the Johnson and Johnson Company credo, it is said that Johnson and Johnson is responsible to the communities in which it thrives, and indeed to the world community. The company asserts an obligation to be good citizens, including offering the support of charities, the encouragement of civic progress, the bettering of public health, and the improvement of education. Johnson and Johnson and other companies assert that they have obligations to these ends, but to many writers in business ethics this claim of obligations is either misguided or overstated. They regard such moral demands as broad moral ideals or institutional commitments, especially if they reach out to the world community.