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What is the name given to the view that management is responsible for using the assets of a company for the benefit of the shareholders of the organisation?
a) Fiscal theory
b) Stakeholder theory
c) Agency/stewardship theory
d) Contingency theoryIn the test the answer given is B. I would have thought the correct answer would be C. Is this a mistake?
Answer C…
Agency Theory / Stewardship Theory…
Stakeholder theory means that the decisions we take effect internal, external and connected stakeholders one way another… How they effect…
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