Question
1) Contrast Shareholder Theory and Stakeholder Theory: How does each theory claim that a corporation should be managed? What is the goal or objective of
1) Contrast Shareholder Theory and Stakeholder Theory: How does each theory claim that a corporation should be managed? What is the goal or objective of corporate management according to each theory? How does this relate to the idea of corporate social (or ethical) responsibility (CSR)?
2) What would Shareholder Theory recommend companies like Uber and Lyft do in this case? What would Stakeholder recommend these companies do?
3) Was the Business Roundtable right to issue the August 2019 statement in support of Stakeholder Theory (and to reject their previous endorsement of Shareholder Theory)? Why? Which theory offers the better approach for framing the responsibilities of business within society?
4) Which ethical theory (Utilitarianism or Deontology) justifies your view of the Business Roundtable statement? Explain how that ethical theory supports your position, and what the other ethical theory would recommend.
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