Question
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.
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