By examining rights that are espoused by various stakeholders,decision makers are more likely to consider all the costs and benefits of their decisions and know which rights can adversely affect the firm's profitability if they fail to take them into account.

Stakeholders

Individuals or groups affected by or having an interest in the operations or policies of a business or entity.

Rights

Fundamental principles or entitlements that individuals possess, legally or morally, allowing them to perform or refrain from certain actions.

Profitability

A financial metric indicating the degree to which a company or business earns more revenue than it spends on expenses.