Certified B-Corporations: Stakeholder Model Versus Economic Model

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Certified B-Corporations are much more closely related to the Stakeholder Model rather than the Economic Model. In the Economic Model, the main goal is to maximize profits for shareholders. Executives have the option to contribute to society, however, this option is only considered if it is in the best interest of the companies’ shareholders. In the Stakeholder Model, the main objective is to benefit a wide range of people. Through this model, managers have a responsibility to everyone who is interested in the success or failure of the company. They are responsible for much more than just the stockholders. As a manager in the Stakeholder Model, you have an obligation to maximize profits without causing harm. This makes the Stakeholder Model
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