What best describes the reason for involving shareholders as stakeholders when making decisions about ethical conflicts? While
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What best describes the reason for involving shareholders as stakeholders when making decisions about ethical conflicts?
While increasing the value of stock is important, ESG implications are high and can result in divestment from your company, therefore impacting capitalization and profit potential.
There are many potential ethical issues, so all stakeholders should have a say in ethical issues.
Conducting business in other countries can be a challenge, especially if bribes are expected, and shareholders may have valuable opinions about the topic.
Selfinterest is the usual way companies make decisions; therefore, involving all stakeholders gives companies a basis to ensure they are making the right choice in terms of ethics.
Related Book For
Managing Business Ethics Making Ethical Decisions
ISBN: 9781506388595
1st Edition
Authors: Alfred A. Marcus, Timothy J. Hargrave
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