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Empirical evidence supporgng what happens if

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Unformatted text preview: ry? –  Property rights? –  Good of society? –  Moral arguments? Rights of stakeholders? 2 11/17/13 Instrumental Stakeholder Theory •  CorporaGons should be run to maximize the wealth of the shareholders, and the best way to do this is to maximize the good of all stakeholders. •  Is a from of normaGve stockholder theory. •  Empirical evidence supporGng. •  What happens if shareholder interests conflict with other stakeholder interests? (e.g. layoffs) CSR •  Corporate Social Responsibility •  Also Corporate CiGzenship, Triple Boaom Line •  Claims that CEOs should consider the social (and environmental) consequences of how they run their corporaGon. •  Usually norma...
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