Sentence Examples

  • Further, because the decisions that tend to be made in a culture characterized by the stakeholder approach are ones focused on long term success, in the long run shareholders ultimately benefit to an even greater extent.
  • Companies guided by the stakeholder perspective are typically those that hold themselves - and their employees - accountable for conducting business in a socially responsible manner.
  • In practice, a stakeholder philosophy of doing business results in decisions and actions often described as ones that exhibit corporate social responsibility.
  • Decisions also focus on doing what is in the best interests of employees, customers, the community where the business operates, other stakeholder groups.
  • A stakeholder approach to business ethics, on the other hand, focuses on doing what is right for all groups who are impacted by the organization.