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Which statement represents a challenge to Evan and Freeman's defense of the stakeholder theory against the...

Which statement represents a challenge to Evan and Freeman's defense of the stakeholder theory against the economic model of corporate social responsibility?

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Answer #1

Correct Answer is the statement related to the stakeholder theory are not able to answer the question as to how, exactly, a manager should go about balancing the different claims of all parties.

Explanation:

The stakeholder theory suggests to take care of the best interests of the different stakeholders. But, these interests can pull the company in different direction and a balancing act is required. But, how the balance is created, is not answered by the theory. So, it becomes a challenge to the  Evan and Freeman's defense of the stakeholder theory.

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