In 1984, Edward Freeman Published an Article on Stakeholder Theory

question 14

Multiple Choice

In 1984, Edward Freeman published an article on stakeholder theory. Which of the following is NOT true?

• A) A firm needs the support of its stakeholders to enhance the firm's reputation.
• B) Stakeholder theory took years to mature.
• C) Stakeholder theory is not a useful framework for those interested in governance.
• D) Firms need stakeholders to achieve their corporate objectives.
• E) Stakeholder theory occurred at the same time as the rise in social and corporate activism.

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Definitions:

Endorse Tolerance

Promoting acceptance and open-mindedness towards opinions, practices, or traits that are different from one's own.

Higher Levels of Empathy

Describes individuals who possess an above-average capacity to understand and share the feelings of others.

Genetic Component

The part of a trait, behavior, or condition that is influenced by genes inherited from one's parents.

Non Human Animals

This term refers to all animal species that are not human, highlighting the diversity of the animal kingdom.