Corporate governance has changed,evidenced by the inclusion of stakeholders in the definition.

Question

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In the traditional definition of corporate governance, stakeholders were not explicitly included. However, modern definitions emphasize the importance of considering the interests of all stakeholders, including shareholders, employees, customers, and the wider community. This change reflects a growing awareness of the broader impact that corporations have on society and the need for more responsible and sustainable business practices.

Corporate Governance Has Changed,evidenced by the Inclusion of Stakeholders in the Definition