Capitalism, Corporations and the Social Contract : A Critique of Stakeholder Theory
ISBN: 9781107015524 | 1107015529
Format: HardcoverPublisher: Cambridge Univ Pr
Pub. Date: 4/22/2013
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Samuel Mansell critiques the principles of stakeholder theory, proposing instead a qualified version of Friedman's shareholder theory.
In whose interests should a corporation be run? Proponents of 'stakeholder theory' propose a distinctive answer: it should be run in the interests of its primary stakeholders. Samuel Mansell offers a detailed critique of this claim, arguing that stakeholder theory undermines the principles on which a market economy is based.
In whose interests should a corporation be run? Proponents of 'stakeholder theory' propose a distinctive answer: it should be run in the interests of its primary stakeholders. Samuel Mansell offers a detailed critique of this claim, arguing that stakeholder theory undermines the principles on which a market economy is based.
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