In recent years, many countries have seen dramatic shifts in the number of companies reporting on sustainability, driven not only by new laws and regulations but also by a growing understanding in the finance sector of the power environmental, social and governance(ESG) issues have to impact financial performance and corporate value.

Analyze why directors and companies are taking this position with reference to stakeholder theory and at least one other management theory. In your discussion include specific examples of the types of social responsibility, sustainability, integrated reports being issued by companies.

Answer to essay should be the below format:

An introduction

Two to three body paragraphs

A conclusion

In your body paragraphs you should include relevant theories or examples to illustrate your discussion where appropriate

Answer rating: 100% (QA)

The stakeholder theory of business management challenges the traditional understanding of the intent strategies and objectives of an organization Corporate boards and managers have long viewed maximiz... View the full answer