Looking for a better business model:

During this semester we learned that there are two theories for managing a business: the shareholder and stakeholder theories.

The shareholder theory states that the only responsibility a business has is to increase profit. Management acts as the agent of the shareholders to run the company. In order to increase profit, some companies often use loopholes in the law to avoid paying taxes, manipulate regulations, harm natural environment, etc, (legal but not ethical).

The stakeholder theory states that a company (in addition to making profit) owes a responsibility to a wide group of stakeholders. A stakeholder includes shareholders, employees, customers, suppliers, competitors and other groups in the wider community. Management implements Corporate Social Responsibility (CSR) initiatives aimed at enhancing the company's positive impact on environmental and social wellbeing.

In this exercise you are asked to find TWO companies that CSR is integrated in the business model of the company. In other words a company that its business model goes beyond just few CSR initiatives. Also mention one example of a company whose business model harms society or reduces benefits to customers.

Positive Model example 1 (mention and explain):

Positive Model example 2(mention and explain):

Negative Model, example 1(mention and explain):

Looking for a better business model:

During this semester we learned that there are two theories for managing a business: the shareholder and stakeholder theories.

The shareholder theory states that the only responsibility a business has is to increase profit. Management acts as the agent of the shareholders to run the company. In order to increase profit, some companies often use loopholes in the law to avoid paying taxes, manipulate regulations, harm natural environment, etc, (legal but not ethical).

The stakeholder theory states that a company (in addition to making profit) owes a responsibility to a wide group of stakeholders. A stakeholder includes shareholders, employees, customers, suppliers, competitors and other groups in the wider community. Management implements Corporate Social Responsibility (CSR) initiatives aimed at enhancing the company's positive impact on environmental and social wellbeing.

In this exercise you are asked to find TWO companies that CSR is integrated in the business model of the company. In other words a company that its business model goes beyond just few CSR initiatives. Also mention one example of a company whose business model harms society or reduces benefits to customers.

Positive Model example 1 (mention and explain):

Positive Model example 2(mention and explain):

Negative Model, example 1(mention and explain):