Mitchell, Agle, and Wood

Mitchell, Agle, and Wood are scholars known for their work on stakeholder theory in business ethics. They propose that companies have responsibilities not just to shareholders, but also to other groups, or "stakeholders," such as employees, customers, suppliers, and the community. Their framework helps organizations understand the importance of considering various interests and the impact of their decisions on all stakeholders. By recognizing these relationships, businesses can work towards better ethical practices and sustainable success, fostering trust and cooperation in society.