Pdf: James Stoner Management

Stoner, J., & Freeman, R. E. (2019). Management: A Stakeholder Approach. Cambridge University Press.

While most managers in the 1970s saw social good as a cost, Stoner argued it was a competitive advantage. A modern manager should use the "Stoner Test": Before a decision, ask, Is this action legal, profitable, and socially responsible? If it fails the third, reject it. james stoner management pdf