Stakeholder Theory: Ending Corporate Exploitation for Sustainable Development.
The article discusses why stakeholder theory is seen as non-exploitative in the context of corporate development. It compares this theory to the traditional shareholder primacy theory, highlighting how stakeholder theory considers the interests of various stakeholders, not just shareholders. The researchers argue that stakeholder theory can help prevent corporate exploitation by focusing on long-term success and creating win-win relationships. They analyze the theory's background and content to show how it can be applied in practice to benefit corporations sustainably. Overall, the article concludes that stakeholder theory can reduce exploitation in corporations and contribute to their long-term success.