Question

In the United States, most corporate boards view as paramount, Which is correct The stakeholder perspective...

In the United States, most corporate boards view as paramount, Which is correct The stakeholder perspective Acting in a social responsible manner Enhancing shareholder value Protecting workers

Homework Answers

Answer #1

Enhancing shareholder value

Increasing the wealth of the shareholders is the basic objective of a corporation. Hence the Board gives prime importance to this goal.

The stakeholder perscpective can include other stakeholders such as employees and creditors as well. Social responsibility is a duty of corporates but that is not the paramount objective of a profit making organization. Similar protecting workers is a duty and expectation from corporates rather than a final goal.

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