Differentiate between the terms stakeholder and shareholder, Business Management

Assignment Help:

In the contemporary era, the board of directors has to shoulder larger responsibilities so as to meet the increasing demands of the market place. Running a corporation only to earn profits for the shareholders is now an outdated concept. Nowadays, the corporate as a social entity, has to look beyond its shareholders, to embrace all stakeholders and to perform its ethical and social obligations to society through corporate governance practices.

(a) Differentiate between the terms ‘stakeholder' and ‘shareholder'.

(b) Discuss the basic principles of the ‘Shareholder Theory' and the ‘Stakeholder Theory'.

(c) Show the obligations that corporations have towards society at large


Related Discussions:- Differentiate between the terms stakeholder and shareholder

Differences between a functionalist and interpretivist, QUESTION 1 (a) ...

QUESTION 1 (a) Discuss the role of each of the three closely related patterns of group communication (cohesiveness, conformity and deviance) in groupthink. (b) Briefly descr

Organisational challenges - managing diversity, Managing workforce diversit...

Managing workforce diversity is one of the most difficult and pressing challenges of modern organisations (Henry and Evans 2007). This is because managing diversity is more than si

Objectives of preventive maintenance, a. To minimize the possibility of ...

a. To minimize the possibility of unanticipated production interruptions by locating or uncovering any condition which may lead to it? b. To make plant equipment and m

Anticipation inventories, Anticipation inventories are held for the rea...

Anticipation inventories are held for the reason that a future demand for the product is anticipated. Production of specialized times like crackers well before Di

Marketing managment, Explain the factors that affect the choice of distribu...

Explain the factors that affect the choice of distribution channel that a company uses. describe the functions of wholesalers in the distribution chain

Describe strategic businesses - it alignment perspective, Briefly describe ...

Briefly describe two strategic businesses- IT alignment perspectives, proposed by Henderson and Venkatraman (1993), where the IT strategy is the "enabler" of business strategy. For

Please write a management report, Please write a Management Report consider...

Please write a Management Report considering your own organisation or department. Critically evaluate the ‘best practice' strategic Human Resource Management and Development proce

Application of the four major business functions essential, Application of ...

Application of the four major business functions essential. For example: Human Resources: The recruitment and on-going training of non-teaching (support)  and teaching st

Explain the difference between a Relation Schema and a Rela, Explain the di...

Explain the difference between a Relation Schema and a Relation Instance, Database Management System

5-year strategic planning, Guide lines for this 5-year strategic planning. ...

Guide lines for this 5-year strategic planning. Develop a five-year strategic plan with cost estimates and a time line. It should be 5-7 double-spaced, typed (12 point) pages plus

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd