Under the stakeholder interest theory of the social responsibility of business,a business has obligations to both shareholders and employees,but not to others.

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The stakeholder interest theory of social responsibility of business posits that businesses have obligations not just to shareholders and employees, but also to other stakeholders such as customers, suppliers, local communities, and the environment. This theory emphasizes the importance of considering and balancing the interests of all stakeholders in a business's decision-making and operations.

Under the Stakeholder Interest Theory of the Social Responsibility of Business,a