Should defenders of the Stakeholder Theory Condemn Sweatshops?

Analyzing the Implications of the Stakeholder Theory of the Modern Corporation

Photo by Zeyn Afuang on Unsplash

The stakeholder theory says that a company has a moral responsibility towards all the groups that have a stake in the firm. They provide two justifications for this argument: the agent-principal relationship and the Kantian respect for persons. The first justification states that…