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The Relationship Between Institutional Theory (IT),Legitimacy Theory (LT)and Stakeholder Theory

Question 22

Multiple Choice

The relationship between Institutional Theory (IT) ,Legitimacy Theory (LT) and Stakeholder Theory (ST) is that:


A) IT is a normative theory while LT and ST are positive theories
B) IT is a more detailed version of LT, and broadly consistent with ST
C) The mechanisms IT suggests firms will use to align the perceptions of their performance with society's values could include the mechanisms suggested by LT and ST
D) The mechanisms IT suggests firms will use to align the perceptions of their performance with society's are different from the mechanisms suggested by LT and ST

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