The stakeholder view of a business may appear ethically attractive but is too idealistic. the shareholder-centred view
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The stakeholder view of a business may appear ethically attractive but is too idealistic. the shareholder-centred view consistent with maximising owner wealth makes more sense. Without this wealth people would be reluctant to invest in a business and it would not be possible to satisfy fully the demands of the diverse group of stakeholders.
What do you see as the criticisms of this point of view? How would you prepare a counterargument?
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The shareholder view of a business which prioritizes maximizing owner wealth has been a dominant perspective in corporate governance for many years Ho...View the full answer
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