IV: How to influence stakeholders and shareholders to behave ethically

It would be perfectly normal for any organization or individual that is often faced with ethical dilemmas to be assisted by someone who is experienced in decision making and who is better qualified to deal with ethical dilemmas. Shareholders often tend to be biased in decision making, as they are aware that their wealth can be put at serious risk if they perform a wrong move. In contrast, stakeholders are more likely to behave objectively when they know that their decisions will not necessarily affect their social position. Thus, stakeholders can behave more ethically than shareholders, but the downside on this is that the former have more chances of performing mistakes, as they know that the risks involved in most conditions that they encounter are lesser on their side.

In particular situations, stakeholders can feel more inclined to behave unethically,...
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