What is the assumed role of consumers, investors, and the media in transparency/disclosure-based approaches?

Question

BlackTom AI · Accepted Answer

The question asks for the assumed role of consumers, investors, and the media within transparency and disclosure-based approaches. 
Option 1 states: 'Active transparency monitors linking to reputation and social license concerns.' This captures the idea that these actors actively scrutinize information disclosures, using it to assess company behavior, governance, and legitimacy, which ties directly to reputation and the social license to operate. 
Option 2 claims they are 'Passive observers.' In reality, these groups tend to be proactive—investors read disclosures, media investigations, and consumer scrutiny drive reputational risk, so labeling them as passive observers underplays their dynamic role. 
Option 3 suggests they are 'Beneficiaries of transparency.' While beneficiaries exist, the prompt asks for their assumed role in these approaches, which is more about active monitoring and signaling concerns to broader audiences rather than merely benefiting from disclosures. 
Option 4 posits 'Policy-makers ensuring strict compliance.' Although policymakers influence regulatory frameworks, they are not the primary assumed role of consumers, investors, and the media in the transparency/disclosure model; this option misattributes the function to a different stakeholder set. 
Overall, the strongest alignment is with active monitoring that connects disclosures to reputation and the social license, while the other options describe more passive, benefactor, or external-regulatory roles that do not fit the question’s focus on these specific groups.

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What is the assumed role of consumers, investors, and the media in transparency/disclosure-based approaches?

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