Which of the following is not a reasonable way to define shareholder theory -- i.e., not a way that you could phrase the central claim made by the theory?Unknown Question Type

A

A corporation is owned by its shareholders.

B

A corporation should be run in the best interests of its shareholders.

C

Management should act as a fiduciary of shareholders, and not of other groups.

D

Management should treat shareholders’ interests -- but not the interests of other groups -- as an end.

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