The argument against a shareholder model and in favor of a stakeholder model rests in part on the notion that:
A. Corporations are legally sanctioned by the government and thus the rights of shareholders
are not unlimited.
B. According to utilitarian ethics, managers have a moral obligation to consider all
perspectives.
C. According to libertarian ethics, managers must preserve the freedom of all stakeholders in
their decision-making.
D. A focus on short-term profits will, in the long run, maximize utility in society (i.e., lead to the
best outcomes for the most people).
A. Corporations are legally sanctioned by the government and thus the rights of shareholders
are not unlimited.
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What will be an ideal response?
The largest single component of the United States current account is:
A) current transfers. B) income payments and receipts. C) goods (merchandise) imports and exports. D) services imports and exports.
E-banking
A) saves time and money. B) is more expensive for banks. C) is primarily done using wireless devices. D) is done by less than 40 percent of U.S. adult Internet users.
The Labor Management Reporting and Disclosure Act, enacted in 1950, gives employers the right to engage in free speech efforts against unions prior to a union election.
Answer the following statement true (T) or false (F)