According to the Modern Social Contract Approach, by Recognizing Stakeholders

question 106

Short Answer

According to the modern social contract approach, by recognizing stakeholders rather than just their _____, corporations must maintain a long-term perspective than just delivering quarterly earnings numbers.

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Definitions:

Slaveholders

Individuals or entities that owned slaves, historically participating in the practice of human bondage and forced labor, a widely condemned violation of human rights.

Nonslaveholders

Individuals or households in slaveholding societies that did not own slaves, often due to economic reasons, ethical beliefs, or both.

Upper-Class

The social group at the top of a societal hierarchy that holds the highest status and often wealth, typically exerting significant power and influence.

Legally Subordinate

Refers to a legal status where an entity or individual is considered to have fewer rights or powers in comparison to another in a given legal context.