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… in three ways: psychological, behavioral and interpersonal: psychological maladjustment issues include “anxiety, withdrawal, restlessness, tension, insecurity and emotional instability,” while behavioral issues include lying, substance abuse, inability to hold a job, and interpersonal issues include “ambivalence toward family members and fear of men” (p. 619). Of these ……
References
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...Lying Introduction
Milton Friedman’s quote gets to the heart of the conflict between shareholder theory vs. stakeholder theory. Shareholder theory posits that a corporation’s sole responsibility is to maximize the return on investment (ROI) for shareholders. Stakeholder theory posits, on the other hand, that a company owes a duty to all stakeholders (not just shareholders)—members of the community, workers, consumers; in short, anyone who is part of or who is impacted in some way by the company. The question is: Do corporations exist only to serve the interests of shareholders or do they also have a responsibility to serve stakeholders as well? This paper will answer that question by looking at the nature and essence of business social responsibility from the standpoint of the four major sources of ethical values in business: Law, Culture, Philosophy, and Religion. It will show that in today’s business environment, stakeholder theory needs to be pursued……
References
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