In my opinion, stakeholder theory has priority in companies. Because the stakeholder theory includes many aspects, shareholders are included in the stakeholders. According to the stakeholders, we can know that companies should not only pay attention to the economic interests, but pay attention to the impact on society, and they are often closely related. No matter what the short-term success or profits, a socially responsible company may consider the impact of its decisions on a wide range of stakeholders, not just shareholders. Reference:OpenStax,2020 baidu.com
In my opinion, stakeholder theory has priority in companies. Because the stakeholder theory includes many aspects, shareholders are included in the stakeholders. According to the stakeholders, we can know that companies should not only pay attention to the economic interests, but pay attention to the impact on society, and they are often closely related. No matter what the short-term success or profits, a socially responsible company may consider the impact of its decisions on a wide range of stakeholders, not just shareholders. <br><br>Reference:OpenStax,2020 baidu.com
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