CHECK THESE SAMPLES OF Does Stakeholder Theory Provide a Better Basis for the Development of Corporate Governance
The purpose of this research is to analyze the merits of both sides of the debate and to determine if one theory of corporate governance is superior to the other.... After a review of the literature and data, it is determined that both theories of corporate governance have their strengths and weaknesses and that a convergence of the two models will resolve the gaps.... Two theories of corporate governance have dominated this debate: the Anglo-American model which emphasizes shareholder primacy or the European model which emphasizes stakeholder primacy....
54 Pages
(13500 words)
Dissertation
The article will study various aspects of corporate governance to conclude that the problems perceived in today's corporate governance may not be entirely rooted in the peculiar nature of corporate.... This essau declares that the recent economic crises and scandals have forced much expert attention on the system of corporate governance, its regulations, leading to the public disclosure of many of the financial figures associated with the processes.... Despite some line of thinking that did not put the shareholders entirely above the line of guilt, it is more or less certain, that in majority of the cases the shareholders are mere bystanders, and do not have the power or the status to handle or interfere in the corporate governance, though it is certain that their investments are considered as playing a dominant role....
20 Pages
(5000 words)
Essay
The author states that corporate governance is the system of governing a business corporation, its functions, and functionaries, creating sustainable shareholder value and safeguarding the stakeholder's interest.... However, moving on to the other approaches a better understanding of the market conditionals is needed.... The shareholder maximizing theory has created much stir in the perfectly competitive markets such as the U.... However, in a monopoly market, the maximization theory can be alarming....
9 Pages
(2250 words)
Assignment
This research paper 'Agency theory' examines the welfares of all the partakers in the firm.... The fundamental of shareholder theory's economic importance is that great numbers of persons come and function together to enhance their situation, in conformity with the central modern economic realisms.... The author states that the notion of stakeholder concept is that values are vital and a tangible part of operating business.... Freeman states that stakeholder concept is about management, and it mirrors and guides how managers function rather than chiefly addressing management and economists' theories....
4 Pages
(1000 words)
Essay
In this case, This paper attempts to find the relevance of agency theory in explaining the rise of corporate governance worldwide.... The starting point for this paper is to give the different accounts of the rise of corporate governance using various reliable sources.... The chosen frameworks will then be compared with the agency theory in order to establish which of the three frameworks best describes the rise of corporate governance.... here are various factors that can be used to explain the rise of corporate governance....
9 Pages
(2250 words)
Essay
From the paper "Governance in Sport" it is clear that the role of corporate governance and the role of boards have also become important in sports organizations.... The agency theory of corporate governance emerged in the 1970s and has been cited as the central theory of management behaviour in a number of scholarly articles.... According to the definition of Cochran and Wartick (1988 cited in Wood, 1991), corporate governance embraces multiple concepts, theories and activities of boards of directors and non-executive directors....
15 Pages
(3750 words)
Literature review
The author answers the question of whether the stakeholder theory provides a better basis for the development of corporate governance in the 21st century than agency theory.... Lisa Mary Thomson presents a broad definition of corporate governance and states, 'Corporate governance refers to the set of systems, principles and processes by which a company is governed' (2010).... The author states that sound corporate governance signifies the board of director's loyalty to the aims of the company....
6 Pages
(1500 words)
Coursework
The influence of each theory in the development of corporate governance and their practices in different countries along with the relevance of each theory will be elucidated.... The approaches of corporate governance vary and they are practised separately in different countries and in this paper, two theories of corporate governance i.... he concept of corporate governance occupies a central position at this juncture.... One of the fruitful definitions derived from Walker review in 2009 can be considered in this respect which is as follows:'The role of the corporate governance is to protect and advance the interests of shareholders through the setting the strategic direction of a company and appointing and monitoring capable management to achieve this' (Solomon, 2011)....
7 Pages
(1750 words)
Coursework