Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Which of the following statements aligns with agency theory? a. Companies will engage in sustainability practices because they believe they must protect the environment.

1. Which of the following statements aligns with agency theory?

a. Companies will engage in sustainability practices because they believe they must protect the environment.

b. Companies will engage in sustainability practices because it is an expectation of society.

c. Companies will voluntarily disclose their sustainability practices alongside their annual report.

d. Companies will engage in sustainability practices because they believe it is in the best interests of shareholders.

e. Companies will engage in sustainability practices because they believe they have a responsibility to the wider society as well as their shareholders.

2. Which of the following statements aligns with stewardship theory?

a. Companies will engage in sustainability practices because they believe their responsibility extends beyond shareholders.

b. Companies will engage in sustainability practices because they believe it is in the best interests of shareholders.

c. Companies will engage in sustainability practices because they believe they must protect the environment.

d. Companies will voluntarily disclose their sustainability practices alongside their annual report.

e. Companies will engage in sustainability practices because they believe they have a responsibility to the wider society as well as their shareholders.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Implementing Standardized Work Training And Auditing

Authors: Alain Patchong

1st Edition

146656363X, 978-1466563636

More Books

Students also viewed these Accounting questions

Question

Which type of validity is most relevant to test-marketing?

Answered: 1 week ago