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organizations must consider their social responsibilities to their stakeholders, namely, economic, legal, ethical and philanthropic … stakeholders – employers, suppliers, community, owners and customer. Concludes with a list of questions to initiate the process of …
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Argues that stakeholder theory may be an appropriate model to describe firm behavior and replace the dominant paradigm, the economic model of the firm. However, current conceptualizations of stakeholder theory do not meet the requirements of scientific theory. Thus, looks at the historic roots...
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