Unknown Values and Stakeholders: The Pro-Business Outcome and the Role of Competition

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This second edition demonstrates that there are more conditions and actors prevalent in the economy than are considered today, and builds a balanced view of responsibility that would not be shunned by corporate executives. The wider economic responsibilities of organizations have been identified for corporations, and responsibility has been focused on business. Unknown Values and Stakeholders argues that all organizations, including public administration, should be accountable for their economic responsibilities. The authors reveal the unknown values and stakeholders of the accountability game and the new inequality in working conditions of the employed while, at the same time, showing a path towards effective economic development.