Asked by Matthew Sternola on Mar 10, 2024
Verified
According to the stakeholder model of corporate governance, which of the following is not sufficiently affected by corporate actions to deserve consideration in corporate decision-making?
A) Employees
B) Customers and suppliers
C) Shareholders
D) Board members
Stakeholder Model
is a theory of organizational management and business ethics that addresses morals and values in managing an organization, focusing on the interests of all stakeholders.
Corporate Governance
The system of rules, practices, and processes by which a company is directed and controlled, focusing on the balance between the interests of a company's stakeholders, including shareholders, management, customers, suppliers, financiers, government, and the community.
Corporate Decision-Making
The process by which business executives, managers, and other stakeholders make choices that affect the company's operations, objectives, and strategic direction.
- Comprehend the fundamental concepts of shareholder and stakeholder frameworks of corporate governance.
Verified Answer
Learning Objectives
- Comprehend the fundamental concepts of shareholder and stakeholder frameworks of corporate governance.
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