Which of the following statements regarding stakeholder management approaches are incorrect?
1)North American corporations tend to be smaller than their European counterparts and focus more on multiple stakeholders
2)European, African and Asian models of capitalism tend to not be so dominated by shareholder value maximization compared to the North American approach
3)North American companies and often managed by large executive and supervisory boards
4)The Calvinist-Protestant religious tradition in Europe led to the rise of a distinctly different capitalist economic system.

Question

Quizplus · Accepted Answer

Statement 1 is incorrect because North American corporations tend to be larger and focus more on shareholder value rather than multiple stakeholders. Statement 3 is incorrect because North American companies are typically managed by smaller boards compared to European companies. Statement 4 is incorrect because the Calvinist-Protestant tradition influenced capitalism in North America, not Europe.

Which of the Following Statements Regarding Stakeholder Management Approaches Are