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The Primary Argument of the Regulation School of Social Responsibility

Question 47

Multiple Choice

The primary argument of the regulation school of social responsibility is that ________.


A) since managers are responsible to the government, a corporation cannot be trusted due to corrupt government officials
B) since managers are responsible only to a board of directors that represents shareholders, the corporation cannot be trusted to act in a socially responsible manner
C) since managers are responsible to the government, they can seldom be trusted to ensure public interest
D) since managers are responsible only to a board of directors that represents shareholders, a corporation can be trusted to act in a way that ensures consumer sovereignty

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