In 1984, Edward Freeman published an article on stakeholder theory. Which of the following is not true?
A) A firm needs the support of its stakeholders to enhance the firm's reputation.
B) Stakeholder theory took years to mature.
C) Stakeholder theory is not a useful framework for those interested in governance.
D) Firms need stakeholders to achieve their corporate objectives.
E) Stakeholder theory occurred at the same time as the rise in social and corporate activism.
Correct Answer:
Verified
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