Assignment: The \"issue\" of Stakeholder Management and Corporate Performance. 2

Question

Assignment: The "issue" of Stakeholder Management and Corporate Performance. 2 Pages and cite at least 2 outside sources. Sociologist Erving Goffman has pointed out that all social groups, including professionals, develop a protective attitude toward members of their group, even when what some of the members do is seen as morally wrong. A sense of loyalty to the group often overrides what they would otherwise deem immoral. Consider the arguments for and against exposing Stakeholders with whom you are personally close or with whom you have close professional ties. Develop a position on this issue that could serve as a guide for anyone in such a position with regard to Corporate Performance.

Explanation / Answer

Reporting immoral issues in a company/ personal life is equally critical and sensitive matter, as it is developing and maintaining the relationships. As not reporting such issues, could also keep the reference group or your team in a long time trouble, can be a scandal, a chaos, which can have irreparable damage.

Hence, steps should be very carefully thought and implemented to report such issues and such people-

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