According to the private property defense of the classical model of corporate social responsibility, managers who use corporate funds for projects that are not directly devoted to maximizing profits are stealing from their owners. Which statement supports this view? A. Property rights are restricted when they conflict with the basic rules of society as embodied in law and custom. B. The connection between ownership and control that exists for personal property does not legally exist for corporate property. C. Investors buy their stocks with the hope of maximizing return on their investment. D. Stockholders in publicly traded corporations are better understood as investors rather than owners.

According to the private property defense of the classical model of corporate social  responsibility, managers who use corporate funds for projects that are not directly  devoted to maximizing profits are stealing from their owners. Which statement  supports this view?
A. Property rights are restricted when they conflict with the basic rules of society as  embodied in law and custom.
B. The connection between ownership and control that exists for personal property does  not legally exist for corporate property.
C. Investors buy their stocks with the hope of maximizing return on their investment. D. Stockholders in publicly traded corporations are better understood as investors rather  than owners.
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1 Answer

Answer :

C. Investors buy their stocks with the hope of maximizing return on their investment. D. Stockholders in publicly traded corporations are better understood as investors rather  than owners.
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