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From Cyberlaw: Difficult Issues Winter 2010
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stakeholders vs shareholders It has been debated whether an organization should primarily consider its shareholders or stakeholders when making enterprise choices and adhering to fiduciary duty. Historically, shareholder theory has been extensively accepted and used, noting that a corporation’s duty is to maximise shareholder returns. However, the emergence of company social responsibility and setting, social, and company governance has begun to shift the common public view of the obligation firms need to their stakeholders. A stakeholder is a celebration that has an curiosity in the company’s success or failure.