James Posts theory of global corporate citizenship Essay

James Posts theory of global corporate citizenship - Essay ExampleJames Post rightly considers companies as stakeholders of the world. This so-and-so be estimated from the fact that the recent economic recession that has blanketed the whole world has caused a considerable damage to the business scenario. A lot of companies brace downsized in order to save their expenses resulting into increased unemployment. Many people have lost their jobs in the recent years. This proves the fact that companies are stakeholders to the globe. Do you believe businesses have a moral obligation to integrate public work into their private work, or treat their private work as public work? Yes, businesses do have a moral obligation of integrating public work into the private work. As James Post rightly emphasizes, it is in the self interest of wariness not to be an entirely private good. Managers can enhance the life and profitability of their business by working for the achievement of societal commonw ealth because this way, they go away gain the consent and encouragement of the stakeholders in the society. Where managers adopt such practices which are not directed at addressing a truly public concern, and where managers skills are handle as a totally private property, the business does not have many golden days and the continuity of business is threatened by kind forces.