7, what is the main difference between Rules- based approach and 8, what is the common criticism of rules-based approaches? 9, why rules-based approach can further support long-term shareholder Corporate Governance-Ch 2 Stakeholder Theory 1, what are stakeholders? 2, which aspects of company would employees focus on? 3, how can stakeholders be classified by their proximity to the organization? 4, what are the four aspects in the Mendelow framework? 5, what are the 5 questions in Tucker's model