Why the criticisms make the authors contention shareholder, Operation Management

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Why the criticisms make the authors contention shareholder

1) Why the criticisms make the author's contention shareholder just passive impotent beneficiaries valid as to tangible property?

2) Is the mechanism of management being assigned the authority to resolve conflicts among stakeholder giving management even more discretion than allowed under the shareholder theory to make self-interested decision, which confirms that they cannot be trusted? if yes- why? if no-why ?

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Operation Management: Why the criticisms make the authors contention shareholder

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