Discussion- Theories
Read the following articles:
Stockholder (or shareholder) theory of the corporation: Friedman, M. (1970, September 13). The social responsibility of business is to increase its profits. In The New York Times. Retrieved from http://umich.edu/~thecore/doc/Friedman.pdf
Stakeholder theory of the corporation: Matteson, M., & Metevier, C. (2015.) Freeman’s stakeholder theory. Retrieved from https://philosophia.uncg.edu/phi361-matteson/module-1-why-does-business-need-ethics/freemans-stakeholder-theory/
Shareholder Theory vs. Stakeholder Theory Debate: Smith, H.J. (2003, July 15). The Shareholders v. the stakeholders debate. In MIT Sloan Management Review. Retrieved from http://sloanreview.mit.edu/article/the-shareholders-vs-stakeholders-debate/
Then discuss in your own words the debate between the two theories.
