In Unit 3 of B293 you learned about the following three theories of corporate social responsibility: (i) shareholder value theory, (ii) stakeholder management theory, and (iii) social contract theory. For each of these three theories, explain in your own words in one short sentence what the core claim of that theory is. In addition, provide one argument for and one argument against each of these three theories.

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter5: Ethics, Corporate Responsibility, And Sustainability
Section: Chapter Questions
Problem 8CTQ: How would a stakeholder approach, if taken by the companys top leaders and board of directors, have...
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In Unit 3 of B293 you learned about the following three theories of corporate
social responsibility:
(i) shareholder value theory,
(ii) stakeholder management theory, and
(iii) social contract theory.
For each of these three theories, explain in your own words in one short
sentence what the core claim of that theory is. In addition, provide one argument
for and one argument against each of these three theories.

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