Actions that benefit shareholders but harm the other stakeholders would be viewed as ________ from the efficiency perspective but ________ from the social responsibility perspective.
A) managerially responsible; socially irresponsible
B) socially responsible; managerially irresponsible
C) socially irresponsible; managerially responsible
D) managerially irresponsible; socially responsible

Question

Quizplus · Accepted Answer

From the efficiency perspective, actions that benefit shareholders are seen as managerially responsible because they align with the goal of maximizing shareholder value. However, from the social responsibility perspective, harming other stakeholders is seen as socially irresponsible because it neglects the broader impact on society and other parties involved.

Actions That Benefit Shareholders but Harm the Other Stakeholders Would