Stakeholder Theory: Essential Readings in Ethical Leadership and Management

Stakeholder theory is presently the dominant framework for analyzing ethical issues within the field of business ethics. The theory goes beyond the conventional idea that stockholders are the main group to whom corporate managers owe responsibility by arguing that all groups having a stake in a firm—suppliers, customers, employees, the local community, and others—should be considered by managers in decision-making.Despite the growth and widespread appeal of stakeholder theory within busines...