Stakeholder theory posits that organizations should consider the interests and well-being of all parties affected by their actions, not just shareholders, to achieve sustainable success. It emphasizes the importance of balancing the needs of various stakeholders, including employees, customers, suppliers, and the community, to foster ethical and socially responsible business practices.

Stakeholder Theory

Stakeholder theory

organizations

interests and well-being

sustainable success

balancing the needs

various stakeholders

employees

customers

suppliers

A community is a group of individuals connected by shared interests, values, or geographical location, fostering a sense of belonging and mutual support. It plays a crucial role in shaping social identity, facilitating cooperation, and promoting collective well-being.

community

Ethical business practices involve conducting business in a manner that is consistent with the moral values and standards of society, ensuring fairness, transparency, and integrity in all operations. These practices are essential for building trust with stakeholders, maintaining a positive reputation, and ensuring long-term success and sustainability.

Ethical Business Practices

socially responsible business practices

The Importance of Stakeholders in Ethical Leadership

Introduction to Corporate Governance

Voluntary Disclosures

Effective Communication with Crypto Stakeholders

Understanding Ethical Trading

Organizational Values

Mechanisms of Governance

Ethical Implications of Disclosure Obligations

Introduction to Mobile Banking Fundamentals

Integration of Environmental, Social, and Governance (ESG) Criteria for Socially Responsible Investing

Building Trust and Relationships

Relevant Degrees

Your Lessons