The Argument Against a Shareholder Model and in Favor of a Stakeholder

Multiple Choice

The argument against a shareholder model and in favor of a stakeholder model rests in part on the notion that:

A) Corporations are legally sanctioned by the government and thus the rights of shareholders are not unlimited.
B) According to utilitarian ethics, managers have a moral obligation to consider all perspectives.
C) According to libertarian ethics, managers must preserve the freedom of all stakeholders in their decision-making.
D) A focus on short-term profits will, in the long run, maximize utility in society .