Q. Why, according to stakeholder theory, is it in companies' best interests to pay attention to their stakeholders? (Solved)
1. If firms only act in their own self-interest employees may feel exploited
2. If firms only act in their own self-interest government might put more regulation on them
3. If firms only act in their own self-interest customers might not like the image that the company portray
4. If firms only act in their own self-interest and inflict harm on stakeholders then society might withdraw its support
- d. If firms only act in their own self-interest and inflict harm on stakeholders then society might withdraw its support