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Essay

Stakeholder theory

Essay specific features

 

Issue:

Business

 

Written by:

James G

 

Date added:

March 23, 2014

 

Level:

University

 

Grade:

B

 

No of pages / words:

3 / 621

 

Was viewed:

7623 times

 

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Essay content:

The third dimension deals with the power that the stakeholders have within the firm. While one can be considered a stakeholder by possessing one of these dimensions, it is essential to possess all three dimensions to be considered a true definitive stakeholder. This theory differs from the shareholder theory in that a shareholders primary duty is to maximize returns and deal with no other aspects of the company...
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This theory differs from the shareholder theory in that a shareholders primary duty is to maximize returns and deal with no other aspects of the company. Basically advocating profitability by any means necessary bringing in a very moral issue. Many believe the stakeholder theory seems to disregard the interests of the shareholders', however this point is misinterpreted because by using the stakeholder theory to ensure long-term sustainability of that company in itself takes account of the interests of the shareholders...
displayed 300 characters

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