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 Running a corporation only to earn profits for the shareholders is now an outdated concept.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

Describe the technologies used in disaster recovery, 1. Describe the five c...

1. Describe the five core elements of a data centre (form the user through to the storage system). Explain how each element can be made 100% available at all times. 2. While the

Foreign language might hinder communication-global office, a) Foreign langu...

a) Foreign language might delay communication due to any of the given below reasons (not an exhaustive list): misinterpretation or not understanding messages expressed in a

Theory x and y of mcgregor, 1. Corporate Social Responsibility remains as a...

1. Corporate Social Responsibility remains as an essential part of business practice today. It can improve the reputation of the organisation since stakeholders will know the costs

Homework, i just need the questions at the end of all the chapters to be an...

i just need the questions at the end of all the chapters to be answered

Business rules, I want you to pretend that you are going to interview Bob o...

I want you to pretend that you are going to interview Bob of Bob's Used Book Store.  In general, Bob needs a database system to replace their current paper trail of keeping track o

Healthcare, Post a short list of your personal vision, mission, values, and...

Post a short list of your personal vision, mission, values, and ethics, social accountability, and stewardship values related to the health care field you are in or will be enterin

What are the relatively distinct leadership styles, What are the relatively...

What are the relatively distinct leadership styles? The three relatively distinct leadership styles are as illustrated below: 1. Authoritarian: leader makes every decision

International trade , the assignment question: Which theory of internation...

the assignment question: Which theory of international trade do you consider to be most appropriate to multinational corporations? Make comparisons with other international trade

Workforce diversity, For this discussion please locate (and read) the Pinto...

For this discussion please locate (and read) the Pinto and Pinto (2011) article titled "Leveraging the Power of Differences: Workforce Diversity" (see full reference below) Then p

Help, How to identify and take due account of health and safety issues in t...

How to identify and take due account of health and safety issues in the planning, allocation and monitoring of work.

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