Asked by Jessica Barnswell on Sep 30, 2024
Under the stakeholder theory of corporate social responsibility,employees' interests are considered.
Stakeholder Theory
A theory in corporate governance and business ethics that addresses the morals and values in managing an organization, emphasizing the importance of all stakeholders.
Corporate Social Responsibility
A business model that helps a company be socially accountable to itself, its stakeholders, and the public by practicing ethical and sustainable ways in operations and decision-making.
- Analyze the impact of ethical theories on corporate responsibility and decision-making.
- Ascertain the ethical ramifications linked to the pursuit of maximum profitability and stakeholders' theory within the business realm.
Learning Objectives
- Analyze the impact of ethical theories on corporate responsibility and decision-making.
- Ascertain the ethical ramifications linked to the pursuit of maximum profitability and stakeholders' theory within the business realm.
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