CHECK THESE SAMPLES OF Ownership in a Corporation with Due Emphasis on Relation between Shareholders and Executives
The de-facto owners of joint stock companies are the shareholders.... followed suit to safeguard the interests of their widely dispersed shareholders.... One can still go back to the times of Adam Smith who in his 'The Wealth of Nations' said that company directors would not care for shareholders' money as their own and this is the problem with agency theory as observed by Letza, Sun and Kirkbride.... That is, the shareholders have no role to play in the organization....
15 Pages
(3750 words)
Essay
Shareholder freedom, hence, may be judged as a key indicator of good corporate governance leading to increased shareholder value which is the ultimate goal of incorporating companies (ASI 2011; Mitchell 2009) The concerns of the shareholders and governments are no longer limited to the financial grounds.... The need for regulations and laws cannot be denied, yet, the competitive markets burden the shareholders and directors to be aware of their responsibilities to the wider society....
8 Pages
(2000 words)
Essay
The second principle is protectionism, as a primary goal, of corporate constituencies, made up of shareholders, creditors and employees.... The question as to whether it should be adopted is addressed based on the structure of the capital market in China, its securities market, and the nature of the relationship between firms in the country and the role of stakeholders as decision-makers in a variety of Chinese industries.... However, Chinese state-owned firms complicate the process of adopting the Anglo-American model due to Communist influence in Board representation and the manifesto of Communist ideology that is directly opposite to the liberal business and social policies that are entrenched in the Anglo-American model....
12 Pages
(3000 words)
Essay
The relentless emphasis on the importance of shareholder value in recent times has created the conditions for the disconnection of corporations such as Enron form their essential moral underpinnings, encouraging them to concentrate exclusively on financial performance, and to neglect not just the wider stakeholder interests of customers and employees, but the essential interests of the economies and communities in which they operate.... The rise and fall of Enron as a business empire, gives rise to a thought provoking process of where the emphasis of the corporate governance should lie; should it be on the protection of the interests of the stakeholders or the shareholders who are the de facto owners and who....
12 Pages
(3000 words)
Essay
The other two types of costs are agency cost of equity and agency costs of debt where the former arises due to conflict of interests between managers and shareholders whereas the latter arises due to conflict between shareholders and debt holders.... he theory describes various types of costs that are incurred owing to the different types of conflicts between shareholders, managers, and debt owners.... The fundamental problem of conflict of interests where managers focus on personal gains overlooking shareholders' interests gets severe in loosely governed organizations....
10 Pages
(2500 words)
Essay
These include the employees, board of directors, executives and management itself.... n modern business organizations, major external business stakeholders include trade creditor, customers, suppliers, shareholders, debtors and the general public members who are directly or indirectly affected by the corporation's activities (Maria and Thomas, 1999).... The issue of concern here is the welfare of shareholders, who are the most sensitive external stakeholders in every corporation....
20 Pages
(5000 words)
Literature review
Yet another definition of corporate governance is the development of an appropriate structure by which responsibilities of internal and external stakeholders in the corporation, inclusive of shareholders, directors, auditors, and managers are determined and outlined.... Governance is inclusive of regulatory frameworks that guide executive-level management activities, the processes by which market evaluations are conducted, and working diligently to ensure proper alignment between managers and the Board of Directors' imposed and developed strategies (Tricker 2009(a); Tricker 2009(b))....
13 Pages
(3250 words)
Research Paper
he reason for the downfall of Enron was the fact that the Company had complex financial statements that were confusing to the analysts and the shareholders.... n the United States, the Enron case was a landmark case that showed that there were issues that needed to be sorted in relation to corporate governance.... This essay will examine the Enron case in relation to legislations and literature recommendations that were made in the United Kingdom....
12 Pages
(3000 words)
Essay