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Dr. Ryan Stated in her lecture over Corporate Resonsibilty-Stakeholder (CSR) Theory that CSR is kind of a sister perspective of the stakeholder theory but that
Dr. Ryan Stated in her lecture over Corporate Resonsibilty-Stakeholder (CSR) Theory that CSR is "kind of a sister perspective" of the stakeholder theory but that it has the following two key distinictions:
- (1) Normatively speaking, corporations should engage in CSR programs because it's the right or moral thing to do; and (2) corporations should advance the common good whether or not it's directly related to their core business .
- (1) Interpreting CSR movement is focused on externalities; and (2) corporations have an obligation to advance the common good
- Business decisions are driven by a moral commitment to the CSR approach; and (2 ) advance the of interests of all stakeho even at the expense of profits.
- to know the entities that are significantly affected by the firm's activities; and (2) business decisions are driven by a moral commitment to the CSR approach .
- Both (and (c)
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