The primary element in the concept of the stakeholder corporation is that stakeholders should be granted ownership positions in the firm relative to their power over the firm.

Question

Quizplus · Accepted Answer

The primary element in the concept of the stakeholder corporation is that the firm should consider the interests of all stakeholders, such as customers, employees, suppliers, and local communities, in addition to shareholders. However, the concept does not necessarily advocate for granting ownership positions based on stakeholders' power over the firm.

The Primary Element in the Concept of the Stakeholder Corporation