Which statement below best describes the difference between stakeholder theory and enlightened stakeholder value theory?:

Your response:

A$.$ There is no real difference, enlightened stakeholder value theory was developed after stakeholder theory.

B$.$ According to enlightened stakeholder value theory, companies should be governed primarily to maximize shareholder returns, whereas under stakeholder theory, companies should be governed by balancing the shareholders$$ financial interests against the interests of other stakeholders such as employees, customers and the local community.

C$.$ According to enlightened stakeholder value theory, companies should be governed for the company$$s long$-$term prosperity by balancing relationships with stakeholders whereas under stakeholder theory, companies should be governed by balancing the shareholders$$ financial interests against the interests of other stakeholders such as employees, customers and the local community.

D$.$ According to enlightened stakeholder value theory, a company is inherently a conflict between the interests of its owners and managers, whereas under stakeholder theory, companies should be governed by balancing the shareholders$$ financial interests against the interests of other stakeholders such as employees, customers and the local community.