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Question
"Corporations are bound by the law, and by the rules of what you might call ordinary decency. Beyond this however, they have no duty to pursue the collective goals of society." This statement exemplifies which approach?a. Stakeholder model of corporate governance
b. Ethical approach of corporate governance
c. Shareholder model of corporate governance
d. Efficiency maximization goal of the firm
e. Broader conceptualization of corporate governance
Answer
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