Starbucks’ Sustainability and the Stakeholder Theory
Business ethics has come to the forefront of business concerns today, especially the ethical practice of becoming a more sustainable company. In the news lately, Starbucks has announced their first sustainability bond. There are many benefits to becoming more sustainable as a company that benefit all stakeholders, in turn creating a successful business according to Freeman’s Stakeholder Theory. Starbucks, as an example is satisfying all their stakeholders, by creating a common interest and value return with their new sustainability bond, while doing what is ethical. The CEO, Howard Shultz, benefits…read more