Which of the following is a characteristic of the shareholder primacy model?

Question

Quizplus · Accepted Answer

The shareholder primacy model holds that shareholders have a special type of contract with a corporation, giving them priority in decision-making and benefiting from the corporation's profits. Option A is incorrect as the shareholder primacy model was initially proposed by economist Milton Friedman. Option C is incorrect as the model gives primacy to shareholders. Option D is incorrect as the model focuses solely on maximizing shareholder value, rather than benefitting the community as a whole.

Which of the Following Is a Characteristic of the Shareholder