Ownership and Stakeholder Theories
Ownership and Stakeholder Theories: Which theory (Ownership and Stakeholder) do you feel has more of an impact on the business environment? Provide an example from current events in the past 6 months that supports your position.
- Respond to at least one of your classmates. Do you agree or disagree with their position? Provid
Answer preview
The stakeholder theory outlines that all the constituents of the company should be balanced, that is, not solely focusing on the shareholders. I believe that the shareholder theory has more impact on the business environment because it ensures a balance of profit maximization in the long run. The managers of the companies also ensure that the rights of the stakeholders are not violated and the interests of all are considered during decision making. An example of a sector which follows this theory is the cruise ship tourism. This sector has greatly improved over the years…
300 words