ACTIVITY 3
MB651 Ethical Decision Making and Business Culture
Lesson 3: Corporate Social Responsibility
Activity 3: Stakeholder Management (100 points)
Read:
1. Loi, T. H. (2016). Stakeholder management: A case of its related capability and performance. Management Decision, 54(1), 148-173. Retrieved from https://ashworth.idm.oclc.org/login?url=http://search.proquest.com.ashworth.idm.oclc.org/docview/1759323191?accountid=45844
2. Chhillar, P., & Lellapalli, R. V. (2015). Divergence or convergence: Paradoxes in corporate governance? Corporate Governance, 15(5), 693-705. Retrieved from https://ashworth.idm.oclc.org/login?url=http://search.proquest.com.ashworth.idm.oclc.org/docview/1716904070?accountid=45844
Your Activity responses should be both grammatically and mechanically correct, and formatted in the same fashion as the Activity itself. If there is a Part A, your response should identify a Part A, etc. In addition, you must appropriately cite all resources used in your response and document in a bibliography using APA style. (100 points) (A 4-page response is required for the combination of Parts A and B).
Part A Stakeholder theory
1. Explain stakeholder theory.
2. Outline two forms of stakeholder management.
3. Where does stakeholder theory go wrong?
Part B Stockholder Theory
1. Explain the stockholder model of corporate governance.
2. How and why do shareholders govern corporations?
3. Are stakeholder interests protected by the shareholder model of management? Explain and fully support your position.