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29 October, 18:31

TJX's handling of its serious data breach is consistent with which one of the following? a) Stakeholder theoryb) Stockholder theoryc) Social normatived) Social contract theorye) Corporate social responsibility

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  1. 29 October, 22:17
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    Stockholder theory

    Explanation:

    Stockholder theory

    This theory was introduced in 1960's by Milton Friedman,

    According to this theory, The managers of the corporation have a duty to maximize the returns of the shareholder.

    Therefore, due to the cyclic nature of the business hierarchy, the corporation is mainly responsible to its stockholders.
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Home » Business » TJX's handling of its serious data breach is consistent with which one of the following? a) Stakeholder theoryb) Stockholder theoryc) Social normatived) Social contract theorye) Corporate social responsibility
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