Coelho, Philip R. P.; McClure, James E.; Spry, John A. - Department of Economics, Ball State University - 2002
argue that corporations have social responsibilities that extend beyond shareholders to stakeholders. The list of cited … stakeholders is ill- defined and expanding, including non-human animals and non-sentient things. This paper defends the … intellectual and ethical merits of fiduciary duty to shareholders, and compares and contrasts it to the stakeholder paradigm. The …