Concept information
Preferred term
stakeholder responsibility
Definition
- The primary focus of stakeholder theory has been the proposition that firms have a moral responsibility to take into account the interests of stakeholders other than just stockholders. Given the focus on the corporation within organization studies, this emphasis in theorizing is understandable. [Source: Encyclopedia of Business Ethics and Society; Stakeholder Responsibility]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/stakeholder_responsibility
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