According to the economic aspect of the triple bottom line concept, the firm is required to compensate shareholders by paying dividends and growing the value of their common stock faster than their competitors.

Question

Quizplus · Accepted Answer

The economic aspect of the triple bottom line concept goes beyond simply maximizing shareholder value through dividends and stock growth. It also emphasizes creating long-term sustainable profitability, minimizing costs and risks, and investing in stakeholder relationships. While shareholder return is still a consideration, it is not the sole focus of the economic aspect.

According to the Economic Aspect of the Triple Bottom Line