Stakeholder theory refers to:
A)providing value to all the company's stakeholders;
B)the directors acting to ensure the best interest of the shareholders are being met;
C)corporations providing value by combining the key factors of production in a manner that markets cannot;
D)the directors existing to provide companies with the access to resources that they could not gain through market or management links.

Question

Quizplus · Accepted Answer

Stakeholder theory is based on the idea that a company should consider the interests of all its stakeholders, not just shareholders. This includes customers, employees, suppliers, communities, and other groups who are impacted by the company's actions. The goal is to create value for all stakeholders, rather than just maximizing profits for shareholders.

Stakeholder Theory Refers To