Identify five advantages and five disadvantages of corporations
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Identify five advantages and five disadvantages of corporations
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- Describe advantages of corporation.following three theories of corporatesocial responsibility:(i) shareholder value theory,(ii) stakeholder management theory, and(iii) social contract theory.For each of these three theories, explain in your own words in one shortsentence what the core claim of that theory is. In addition, provide one argumentfor and one argument against each of these three theories.Describe disadvantages of corporation.