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Adolf Berle argued against public responsibility of a corporation on the basis o

ID: 446450 • Letter: A

Question

Adolf Berle argued against public responsibility of a corporation on the basis of
_______.

Select one:

a. corporations’ impact on society

b. the rights of stakeholders

c. limiting the power of shareholders

d. excessive managerial power

The property rights theory of corporations has it that incorporation _______.

Select one:

a. should be accompanied by rules

b. is a matter of owning enough capital

c. is a general aspect of ownership

d. is anyone’s right

Property can generally be defined as _______.

Select one:

a. a set of rights

b. some physical object

c. the right to vote

d. power over another person

The social institution theory of corporations has it that incorporation _______.

Select one:

a. should always be charted by the government

b. is an essentially public matter

c. is a matter best left to shareholders

d. should be handled democratically

Explanation / Answer

Adolf Berle argued against public responsibility of a corporation on the basis of

b. the rights of stakeholders

The property rights theory of corporations has it that incorporation _______.

c. is a general aspect of ownership

Property can generally be defined as _______.

c. the right to vote

The social institution theory of corporations has it that incorporation _______.

d. should be handled democratically

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