Which perspective indicates that decisions made in the interest of non-shareholders also benefit shareholders?

The Integrated Perspective posits that decisions made with the interests of non-shareholders, such as employees, customers, and the community, can also lead to beneficial outcomes for shareholders. This viewpoint emphasizes that businesses operate within a broader social context, and by considering the welfare of all stakeholders, firms can foster a more sustainable and profitable environment in the long term. By focusing on ethical practices, responsible governance, and a positive reputation, companies can build loyalty and trust with various stakeholders, ultimately driving shareholder value.

In contrast, the other perspectives might focus narrowly on shareholder interests or operate independently of stakeholder considerations. The Separation Perspective may treat decisions for shareholders and non-shareholders as distinct without recognizing the interconnectedness that the Integrated Perspective promotes. The Ethical Perspective emphasizes the importance of morality in business decisions but does not explicitly connect those decisions to shareholder benefits. Lastly, the Individual Perspective tends to prioritize personal decision-making without clearly addressing the systemic implications for shareholders.