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As are articulated by Michael Jensen in the reading Value Maximization, Stakeholder Theory, and Corporate Objective Function, the term Enlighted Stakeholder Theory refers to the
As are articulated by Michael Jensen in the reading Value Maximization, Stakeholder Theory, and Corporate Objective Function, the term "Enlighted Stakeholder Theory" refers to the directors focusing on: Group of answer choices A. Long term market value while also taking into account important stakeholders such as customers, employees, financial backers, suppliers, communities, and others. B. The company's stakeholders, such as employees, customers, communities, and suppliers, without a principled criterion for determining what decisions should be considered "better" or "worse". C. Using a "balanced scoreboard" to balance out different objectives, such as financial, customer objectives, internal business processes and growths. D. Maximizing market value and profits in the short-term
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