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Stone Criticizes the Agency Argument Against Corporate Social Responsibility Because

Question 20

Multiple Choice

Stone criticizes the agency argument against corporate social responsibility because:


A) The corporation has not made explicit promises to shareholders.
B) In the real world, the shareholders rarely select the directors.
C) Directors have no more moral accountability to the shareholders than to other people.
D) Corporate social responsibility is rationally indefensible.
E) The law does not hold that directors are mere agents of the shareholders.

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