ABSTRACT
Stakeholders have a collective impact on nature, and either collectively or in national group's joint responsibility for one or more commonwealths. For managers, that other stakeholder should have some duties—towards the firm, in particular—should presumably be a pleasant relief from widespread assault, on various grounds, by business critics and calls for greater corporate responsibilities and global citizenship activities. Much of business ethics boils down to exhortation concerning proper managerial conduct, in various circumstances, or defences of managerial practices generally based on the economic development benefits of markets. The consumer has an economic incentive to remain ignorant of certain information, despite the questionable morality of consumer conduct. In relationship to the Kyoto agreement, a straightforward example of stakeholder responsibility reasoning concerns the potential of wind power for electricity generation. The most obvious instances of stakeholder responsibility involve the global natural environment, global labour standards and basic human rights; these naturally are the subject of the UN Global Compact.
