Questions for Discussion and Review - Strategic Corporate Social responsibility - Candler David
1.Who owns the publicly traded, limited liability corporation? Why is this true?
2.Why was the concept of limited liability introduced? What are its main advantages? Does it have any disadvantages?
3.When you own a share, what are the main rights that accompany that legal contract with the firm?
4.Why is it important for advocates of CSR that the belief that shareholders own the firm is undermined?
5.If the idea that shareholders do not own the limited liability corporation became widely accepted, what consequences do you think this would have for the stock market and wider society? Would this be a good thing or a bad thing?