Framing Business Ethics
Framing Business Ethics
a.1 It is simply not true to say that the only group with
legitimate interest in the corporation are shareholders.
a.2 From a legal perspective, there are far more groups apart
from shareholders that appear to hold a legitimate stake in
the corporation since their interest is already protected in
some way.
a.3 For example, there are legally binding contracts to
suppliers, employees, or customers.
a.4 Also, increasingly dense network of laws and regulations
are ensuring stakeholders’ certain rights and claims on
corporations .
Why stakeholders matter?
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