The stakeholder theory of corporate social responsibility is totally incompatible with the utilitarian ethical theory because the stakeholder concept requires balancing the interests of all the parties affected by business decisions.

Question

Quizplus · Accepted Answer

Stakeholder theory and utilitarian ethical theory can be compatible as both aim to consider the impacts of business decisions on various parties, with utilitarianism focusing on the greatest good for the greatest number, which can include stakeholders' interests.

The Stakeholder Theory of Corporate Social Responsibility Is Totally Incompatible