4 points to agree with Edward freeman viewpoint about the role of modern corporation?
1. Modern corporations have a responsibility to not only maximize profits for shareholders, but also to consider the interests of all stakeholders, including employees, customers, and the community.
2. The success and sustainability of a corporation are intrinsically linked to the well-being and satisfaction of its stakeholders. Ignoring the needs and concerns of stakeholders can lead to negative consequences for the business in the long run.
3. Corporations have a moral imperative to act ethically and responsibly in all areas of their operations, including environmental protection, labor practices, and social impact. Failure to do so can lead to reputational damage and loss of trust among stakeholders.
4. Embracing a stakeholder-oriented approach can lead to greater long-term success and competitiveness for modern corporations. By considering the interests of all stakeholders, companies can build stronger relationships, foster innovation, and create a more positive impact on society.