Think of a company where "doing the right thing" and acting in the interests of broader stakeholders (rather than just stockholders alone) have produced a stronger competitive advantage

A business organization is supposed to work in favor of all its stakeholders, such as customers, investors, creditors, directors, government, and others. When a business organization fulfills the interest of its stakeholders, it gains trust in the market and earns a good brand image in the eyes of stakeholders. This gives the company a competitive advantage over other competitors who fail to fulfill the interest of their stakeholders. Addressing the interest of stakeholders is the primary duty of the business organization, and through this, it can survive in the market in the long run.