Pursuant to the theory of stakeholder management, the following groups have a
stakeholder interest in the management of large publicly held corporations:
1. Employees
2. Consumers
3. Environmentalists and future generations
4. Banks and other lending institutions
5. Stockholders and investors
Discuss in detail the interrelationship between each of the above groups and large
publicly held corporations (“firms”). Include in your answer specific examples of
group and “firm” behavior, the role of government regulation, and economic, social,
legal and political issues related to the group-firm relationship. (In essence, discuss
the interrelationship between the group and the “firm” in the context of the
business-society-government model).