When considering corporate social responsibility,which is true of stakeholder theory?
A) It states that companies should only focus on increasing shareholder wealth.
B) It states that social responsibility is best carried out by government agencies.
C) It states that a company is expected to be a good citizen in its community.
D) It states that the management does not play a special role in the organization.

Question

Quizplus · Accepted Answer

Stakeholder theory suggests that companies have a responsibility to consider the interests of all stakeholders, including the community, and act as good corporate citizens.

When Considering Corporate Social Responsibility,which Is True of Stakeholder Theory