Read the articles and discuss in your own words the debate between the two theories.
Stockholder (or shareholder) theory of the corporation: Friedman, M. (1970, September 13). The social responsibility of business is to increase its profits. In The New York Times.
Retrieved from
http://umich.edu/~thecore/doc/Friedman.pdf
Stakeholder theory of the corporation: Matteson, M., & Metevier, C. (2015.) Freeman’s stakeholder theory.
Retrieved from
Shareholder Theory vs. Stakeholder Theory Debate: Smith, H.J. (2003, July 15). The Shareholders v. the stakeholders debate. In MIT Sloan
Management Review. Retrieved from
http://sloanreview.mit.edu/article/the-shareholders-vs-stakeholders-debate/
