The difference between the managerial and moral perspectives of Stakeholder Theory is that:
A) The moral perspective is empirically testable
B) The moral perspective is more 'organisation-centred'
C) The managerial perspective is empirically testable
D) The managerial perspective holds that all stakeholders have certain minimum rights that must not be violated

Question

Quizplus · Accepted Answer

DThe managerial perspective of Stakeholder Theory is indeed empirically testable because it focuses on the practical implications of managing relationships with stakeholders to benefit the organization. This perspective can be analyzed and tested through various business outcomes. On the other hand, the moral perspective holds that all stakeholders have certain minimum rights that must not be violated, emphasizing the ethical obligations of the organization towards its stakeholders, which is not about empirical testing but about ethical principles.

The Difference Between the Managerial and Moral Perspectives of Stakeholder