Legitimacy is a property that is not only instrumental but reflects a social value orientation toward authority and institution.Group of answer choicesTrueFalse

What does stakeholder “legitimacy” mean according to the Mitchell Typology of Stakeholders?Group of answer choicesWhen a stakeholder claim is considered to be high priorityThe belief from stakeholders that businesses should be more socially responsibleWhen a stakeholder claim is considered to be urgentThe belief that the actions of a stakeholder are desirable or appropriate within the company’s accepted norms and valuesThe belief that investors will only invest in socially responsible businesses

Deviations from our institutional values are intentional attitudes derived from a lack of respect for authority. True False

This kind of authority draws its legitimacy from formal rules promulgated by the state through its fundamental and implementing laws. This is the most dominant way of legitimizing authority in modern states*1 pointtraditionalcharismaticrational-legaldemocracy

When determining factors influencing legitimacy, which one of the four factors was the most relevant in this study?Group of answer choicesRiskProcedural fairnessDistributive justicePerformance

An important source of legitimacy of a state in the international arena is its recognition by other states.Group of answer choicesTrueFalse