Must examine different points of view presented by the authors who agree with these theories in order to answer this question.
These point of views include:
1) normative stakeholder theories (e.g. Dodd, Donaldson & Preston, Davis, Freeman, Blair & Stout, Greenfield, Wood, Hsieh)
2) instrumental (strategic) stakeholder theories (e.g. Drucker)
3) normative stockholder theories (e.g. Friedman, Henderson, Hasnas, Boatright, Jensen)
– some of these stockholder theorists (e.g. Friedman, Henderson) are right-wing critics of CSR, while others are right-wing critics of normative stakeholder based CSR but supporters of instrumental CSR.
4) market-failure CSR theories (e.g. Heath)
5) left-wing critics of CSR (e.g. Corporate Watch, Bakan)
The authors I want to use are Friedman & Berle (normative stockholder), Drucker (instrumental), Dodd (normative stakeholder), Heath (market failure approach) and Bakan (left wing critic).
ALSO, YOU MUST ALSO EXPLAIN THE COUNTER ARGUMENT SO YOUR ARGUMENT IS STRONGER.
Questions that need to be addressed in the essay include:
1) What are the normative stakeholder arguments for the program?
2) What, if any, are the instrumental/strategic (business case) arguments for the program?
3) What criticisms, if any, could be made of the program from a right-wing anti-CSR position?
4) What criticisms, if any, could be made of the program from a left-wing anti-CSR position?
5) To what extent is the program jusified from the perspective of market-failure CSR theory?
I’m attaching the assignment instructions, the merck mectizan case study, some concept review, and the readings for the authors I want to use.
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