BUSINESS AND SOCIETY, CORPORATE STRATEGY,

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Issue:

Business

 

Written by:

Juan M

 

Date added:

June 19, 2015

 

Level:

University

 

Grade:

 

No of pages / words:

49 / 13519

 

Was viewed:

3823 times

 

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Essay content:

Therefore, like individuals, they too cannot be judged by a simple measure of profit maximization. They are viewed not only as wealth-creators for their legal owners (their equity shareholders), but also as vehicles for enhancing both the local economic and influencing public policy. They are expected to meet the diverse expectations of all their stakeholders...
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They are expected to meet the diverse expectations of all their stakeholders. While earning their profits, they must conduct themselves righteously, upholding social norms and keep in mind the well being of all their stakeholders. In the end, they must be perceived as having enriched all of society. If they have a multidimensional role, they cannot be judged in terms of a single measure...
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