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
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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