The assignment explores the debate surrounding corporate social responsibility (CSR) and the role of stakeholders. It delves into Friedman's theory, which emphasizes profit maximization as a company's primary function and argues that stakeholders should be socially responsible in their private capacity. The text contrasts this with other stakeholder theories and ultimately presents Friedman's perspective as superior due to its focus on maximizing profits, leading to higher dividends for stakeholders who can then contribute to society.