CHECK THESE SAMPLES OF Responsibility to Act in the Best Interest of the Corporation
On the other hand, there are those who think that, although shareholders have played a key role in providing capital and other critical investments, their possession without responsibility translates to nothing, and as a result, they have to give equal importance to other stakeholders such as employees and customers (Mallin, 2007)....
11 Pages
(2750 words)
Essay
Under the common law and Section 181 of the Corporations Act 2001, directors have a fiduciary duty to act in the best interest of the company.... f the payment is considered gratuitous it will not be considered in the best interest of the company.... The main question is whether or not the best interest of the company includes the interest of non-shareholder stakeholders.... The issue relative to the $20 million investment in the subsidiary and tripling the wages of assembly wages in the Vietnam subsidiary raises questions about the extent to which directors' duty toward the company's best interest is breached by such an investment....
7 Pages
(1750 words)
Research Paper
the corporation Report By: Instructor University Location Date Introduction The film examines corporation's actions in relation to the society.... the corporation claims the following.... Delivering the best seeds for farmers.... Looking globally to plant the best locally.... Furthermore, corporation has being compared to a family unit and a telephone line.... Another corporation is the Coca-Cola Company which continued to manufacture the beverage despite protests of water infections in India....
4 Pages
(1000 words)
Essay
ichael Hopkins, in A Planetary Bargain: CSR Comes of Age, goes on to say that corporate social responsibility is the treatment of stakeholders both in and outside the corporation.... As a public entity, corporations should feel a responsibility to enhance public goods.... Enhancing customer commitment and loyalty could be beneficial to a socially responsible corporation.... A socially responsible corporation can normally expect minimum government regulations....
9 Pages
(2250 words)
Essay
This essay mostly focuses on analyzing of the Corporations Act 2001 that states that, on appointing a receiver of property, corporations must mention both in every public document and its negotiable instruments as well that the receiver has been appointed and it should be mentioned after the corporation's name.... Corporations Act 2001 states that, on appointing a receiver of property, corporations must mention both in every public document and its negotiable instruments as well that the receiver has been appointed and it should be mentioned after the corporation's name....
4 Pages
(1000 words)
Essay
On the ethics of the practice of funding political campaigns by the corporations, it is argued that the practice is morally right because it is made in the interest of business corporations and that the action does not cause any harm to anybody.... Corporate social responsibility on the other hand can be defined as the responsibility that a Corporation has, beyond economic and legal obligations, to act ethically and to contribute in a positive way to the good of society (Trevino &Nelson)....
19 Pages
(4750 words)
Term Paper
Free2talk plc, a manufacturer of mobile phones and an operator a mobile network, experienced a very severe fall of its share price to only 10 pence from a high of 180 pence.... Prior to this event, the company has borrowed extensively on the international money markets, as a means.... ... ... The paper 'Free2talk Plc - Advantages and Disadvantages of Restructuring the Company' is a cogent example of an information technology case study....
10 Pages
(2500 words)
Case Study
The stakeholder theory on the other hand declares that the goal of the corporation must be to support all individuals who have been identified as stakeholders2.... Under this setup, the organization, therefore, seeks to manage the corporation for its shareholders, as well as all stakeholders who can be impacted by the organization.... Sharing wealth through philanthropy is therefore considered a useless enterprise for the corporation; in some instances, it may even be considered immoral because it is as good as stealing from the shareholders....
17 Pages
(4250 words)
Coursework