ethical problems of organizations chapter 8. stakeholders stake: an interest or a share in some...
TRANSCRIPT
Ethical Problems of Ethical Problems of OrganizationsOrganizations
Chapter 8Chapter 8
StakeholdersStakeholders
Stake: Stake: An interest or a share in some effort or An interest or a share in some effort or
undertaking.undertaking. A claim or a right to something.A claim or a right to something. A demand for something due or something A demand for something due or something
perceived to be due.perceived to be due. Stakeholder:Stakeholder:
Any individual or group that has one or more Any individual or group that has one or more stakes in an organization.stakes in an organization.
StakeholdersStakeholders
Primary stakeholders:Primary stakeholders: Those groups or individuals with whom the Those groups or individuals with whom the
organization has a formal, contractual organization has a formal, contractual relationship.relationship.
Secondary stakeholders:Secondary stakeholders: Other groups or individuals to whom the Other groups or individuals to whom the
organization has obligations, but who are not organization has obligations, but who are not formal, contractual partners.formal, contractual partners.
Abraham’s Stakeholder Model Abraham’s Stakeholder Model
Primary stakeholders:Primary stakeholders: Business partnersBusiness partners CustomersCustomers EmployeesEmployees
Secondary stakeholdersSecondary stakeholders Opinion formersOpinion formers CommunityCommunity AuthoritiesAuthorities
Ethical IssuesEthical Issues
Ethics and ConsumersEthics and Consumers Conflicts of interestConflicts of interest Product safetyProduct safety AdvertisingAdvertising
Ethics and EmployeesEthics and Employees Employee safetyEmployee safety Employee downsizingEmployee downsizing
Ethical IssuesEthical Issues
Ethics and shareholdersEthics and shareholders Ethics and the communityEthics and the community
Linda K. Trevino and Katherine A. Nelson, Linda K. Trevino and Katherine A. Nelson, Managing Business EthicsManaging Business Ethics, (Wiley, New , (Wiley, New Jersey) pp. 214-249.Jersey) pp. 214-249.