What is the main implication of the 1994 Dey Report?
A) Firms should pay attention to special interests or other stakeholders, not just shareholders.
B) Boards of directors are responsible only for ensuring management is maximizing revenue.
C) Boards of directors can ignore stakeholders and focus solely on shareholders while maintaining their contractual responsibilities.
D) Considerations for social welfare should be of utmost importance to firms.
Correct Answer:
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