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Three or More Interdependent Persons Who Share a Common Identity

question 15

Short Answer

Three or more interdependent persons who share a common identity and communicate to achieve a common goal.______


Definitions:

Shareholder Model

A corporate governance model focusing on maximizing shareholder value and prioritizing the interests of shareholders in company decisions.

Stakeholder Model

A governance framework that focuses on balancing the interests of multiple stakeholders in a company, not just shareholders.

Corporate Governance

The system of rules, practices, and processes by which a company is directed and controlled, focusing on the interests of stakeholders.

Shareholder Models

Corporate governance frameworks that prioritize the interests and returns of shareholders in the operations and decisions of a company.

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