What is the major criticism of the shareholder model?

Question

Quizplus · Accepted Answer

A) The perception of what is socially responsible for organizations has shifted away from serving only shareholders by increasing profits. Various opinions exist about what the first priority of organizations should be (e.g. earn profit, serve community, consider needs of employees and customers, sustainability), but the trend is moving away from shareholders and toward stakeholders using CSR to establish a new idea of what is socially responsible.

What Is the Major Criticism of the Shareholder Model