Socially Responsible Corporate Acts
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Environmental protection
Employee working conditions and benefits
Philanthropy: community aid, arts, education, science
Product safety and quality
,So, what does Freeman's theory require corporations to do?
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Corporations have to take all of the stakeholder groups into account when
making a decision and balance their interests
But how? Balance!
But how?
Look for the win-win among stakeholders!
But is there always a win-win?
Milton(Friedman)
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The only group that has a moral claim on the corporation is the people
who own shares of the stock (that is, the shareholders)
Political change vs. climate change - Bill McKibben
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, - Climate change presents an urgent challenge, requiring swift action,
whereas societal and political shifts typically occur gradually, often over
generations.
- Adjustments in cultural practices and politics are generally slow and
involve compromises, a process further hampered by current political
gridlock.
- Additionally, the global scope of the climate crisis necessitates
concurrent cultural and political changes across all major nations,
compounding the complexity and urgency of the situation.
Aim-Achievement Theories
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Work
- A meaningful life requires both subjective and objective elements.
- Individuals should set objective goals and work to achieve them.
- It's important for the individual to feel satisfaction from reaching these
goals, combining both an 'aim' and the 'achievement' of that aim (Luper
2014).
Elements of Fraud
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- Knowingly made false statement (or failure to disclose truth along with
breached duty of disclosure)
- Materiality
- Reasonable reliance
- Damages
Give this one a try later!
Environmental protection
Employee working conditions and benefits
Philanthropy: community aid, arts, education, science
Product safety and quality
,So, what does Freeman's theory require corporations to do?
Give this one a try later!
Corporations have to take all of the stakeholder groups into account when
making a decision and balance their interests
But how? Balance!
But how?
Look for the win-win among stakeholders!
But is there always a win-win?
Milton(Friedman)
Give this one a try later!
The only group that has a moral claim on the corporation is the people
who own shares of the stock (that is, the shareholders)
Political change vs. climate change - Bill McKibben
Give this one a try later!
, - Climate change presents an urgent challenge, requiring swift action,
whereas societal and political shifts typically occur gradually, often over
generations.
- Adjustments in cultural practices and politics are generally slow and
involve compromises, a process further hampered by current political
gridlock.
- Additionally, the global scope of the climate crisis necessitates
concurrent cultural and political changes across all major nations,
compounding the complexity and urgency of the situation.
Aim-Achievement Theories
Give this one a try later!
Work
- A meaningful life requires both subjective and objective elements.
- Individuals should set objective goals and work to achieve them.
- It's important for the individual to feel satisfaction from reaching these
goals, combining both an 'aim' and the 'achievement' of that aim (Luper
2014).
Elements of Fraud
Give this one a try later!
- Knowingly made false statement (or failure to disclose truth along with
breached duty of disclosure)
- Materiality
- Reasonable reliance
- Damages
