Assertion (A) Corporate behaviour towards stakeholders is an important concept in practice and a central part of corporate governance.
Reason (R) It has to be ethical, legal and responsible behaviour for organisation, stakeholders and society.

A) Both (A) and (R) are true B) Both (A) and (R) are false C) (A) is false, but (R) is true D) (A) is true, but (R) is not the correct explanation of (A)

Answer & Solution

Correct Answer: Option A

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Assertion (A) Corporate behaviour towards stakeholders is an important concept in...

Assertion (A) Corporate behaviour towards stakeholders is an important concept in practice and a central part of corporate governance. Reason (R) It has to be ethical, legal and responsible behaviour for organisation, stakeholders and society.

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Assertion (A) Corporate behaviour towards stakeholders is an important concept in practice and a central part of corporate governance.
Reason (R) It has to be ethical, legal and responsible behaviour for organisation, stakeholders and society.