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Explain the ramifications of demetriou underlined quote

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Reference no: EM132893840

1. Read the Crown Resorts inquiry summary at https://www.smh.com.au/business/companies/what-we-learned-about-crown-from-the-nsw-inquiry-20210222-p574sr.html

The Financial Review states that (https://www.afr.com/chanticleer/the-crown-email-that-says-it-all-20201013-p564nh)

Aspinall took Demetriou to an exchange of emails with Packer in the midst of 2019 negotiations with Wynn over a potential takeover of Crown, in which Demetriou and the billionaire discussed board deliberations over the potential deal.

Then Aspinall delivered the kicker, as he read Demetriou's email sign-off.

"I remain committed to serving the best interests of Crown, and most importantly, you," Demetriou told Packer.

a. Explain the ramifications of Demetriou's underlined quote above in terms of safeguarding stakeholder interests. Use Kantianism to justify your reasoning.

b. Using utilitarianism explain how Crown Resorts could possibly have an independent director (Andrew Demetriou), representing the views of minority shareholders, say his most important consideration was the majority shareholder (James Packer, who already had his directors on the board)?

Reference no: EM132893840

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