StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

To What Extent Does a Company Exist Only For The Benefit Of Its Shareholders - Essay Example

Comments (0) Cite this document
Summary
The discussion seeks to answer the question: To what extent does a company exist only for the benefit of its shareholders. This research discusses the place of agency theory and its alternatives, including the problems of putting these theories into practice…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.8% of users find it useful
To What Extent Does a Company Exist Only For The Benefit Of Its Shareholders
Read TextPreview

Extract of sample "To What Extent Does a Company Exist Only For The Benefit Of Its Shareholders"

Download file to see previous pages This research will begin with the statement that the Occupy protests taking place around the world have highlighted a problem that lies at the heart of corporate structures: the single-minded pursuit of profit at the expense of everything else. Indeed, the logic of the market demands that players in it pursue maximum gain. A company, therefore, is expected to pursue maximum profits for its shareholders. Wealth generation becomes a single and overarching focus.  Experience has shown us however that this has sometimes led to unfortunate consequences. The single-mindedness with which profit is pursued has allowed companies to neglect other issues and concerns. It became of little surprise therefore that the recession that has hit much of Europe and America and the widely-reported corporate scandals have highlighted the need to make corporate governance at the top of a company’s order of priorities and the overriding principle guiding its directors. The escalating protests on Wall Street in the United States, for example, demonstrate growing public outrage against corporate greed and white-collared crimes.  In simple terms, this paper suggests that the company must exist only for the benefit of its shareholders only to the extent that it does not encourage corporate deviance and it retains its obligations to the rest of the society, not necessarily only its shareholders. This paper will begin by first discussing the Agency theory and its implications. Next, it will discuss the theory counterpoised to that, which is the Stakeholder theory – highlighting corners and turns of the debate that theoretically underpins the question as to whether and to what extent a company should exist only for the benefit of the shareholders. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“To What Extent Does a Company Exist Only For The Benefit Of Its Essay”, n.d.)
To What Extent Does a Company Exist Only For The Benefit Of Its Essay. Retrieved from https://studentshare.org/management/1591541-to-what-extent-does-a-company-exist-only-for-the-benefit-of-its-shareholders-discuss-the-place-of-agency-theory-and-its-alternatives-including-the-problems-of-putting-these-theories-into-practice
(To What Extent Does a Company Exist Only For The Benefit Of Its Essay)
To What Extent Does a Company Exist Only For The Benefit Of Its Essay. https://studentshare.org/management/1591541-to-what-extent-does-a-company-exist-only-for-the-benefit-of-its-shareholders-discuss-the-place-of-agency-theory-and-its-alternatives-including-the-problems-of-putting-these-theories-into-practice.
“To What Extent Does a Company Exist Only For The Benefit Of Its Essay”, n.d. https://studentshare.org/management/1591541-to-what-extent-does-a-company-exist-only-for-the-benefit-of-its-shareholders-discuss-the-place-of-agency-theory-and-its-alternatives-including-the-problems-of-putting-these-theories-into-practice.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF To What Extent Does a Company Exist Only For The Benefit Of Its Shareholders

Philosophy- Does God exist

...‘evil’ and suffering to exist, for us to be able to distinguish what is good from what is evil. Our destiny, it being pre-established, has to be in line with the rational will of God, that being towards our ultimate purpose of the good. God’s divine intervention only occurs at times to show us this distinction, and to lead us toward our destiny. “So God wants us to suffer?” She asked. “Not exactly. For example, he allows us to do evil, for us to learn from it and thus, do otherwise - the good.” I told her. It is in this manner that Leibniz’s theory of the ‘best of all possible worlds’ justifies the problem of evil and suffering. “Oh, I get it now. So does God exist?”...
2 Pages(500 words)Essay

Does god really exist

..., there was a beginning and there shall be an end. The earth undergoes numerous chemical and physical processes, which imply that its composition has changed. Therefore, the assertion that matter remains unchanged is scientifically erroneous. There must have a beginning, a force that brought everything to existence, and this could be God, just as the Bible states (Douglas, 1993, p37) In this respect, there was a beginning to the universe, and the question arises on how both the living and non-living creations came into existence. From a religious perspective, a certain force, meaning that it did not occur spontaneously, caused the creation. On the other hand, atheists argue that matter is...
5 Pages(1250 words)Essay

God Does Exist

...? 17 November God Does Exist Man is superior to all living organisms. While this maybe seen as a debatable argument, it is evident with the way man has progressed in this world since the evolution of mankind on the face of the Earth as compared to all other living organisms. Chimpanzees have lived in the trees since the start of the world, whereas man has lived in caves, palaces, houses and skyscrapers all by his own effort. Nothing but man covers his body with clothes. These and many more examples like these make it evident that man is the most superior being on the Earth. What makes man the most superior to everything in the world is his brain. It is our senses that fundamentally make us stand out and...
4 Pages(1000 words)Research Paper

Does ESP Exist

...?Topic:  Does ESP Exist? ESP, otherwise known as extrasensory perception is not an imaginative concept, but a paranormal activity which is real .According to (Caroll,2012) “ESP or extrasensory perception is perception occurring independently of sight, hearing, or other sensory processes”. This is an additional sensation to our five sensory abilities. It is considered paranormal because it does not occur in normal people and it is not visible to the naked eye .Scientist address this as sixth sense and person possessing this sense is called psychic. A psychic thinks that everyone possesses this paranormal phenomenon and others who are normal think it is a talent only special people possess. There are many who are sceptical about... listed...
6 Pages(1500 words)Research Paper

Does God Exist

...Does God exist? Introduction God’s existence cannot be attested or disproved; in fact, the Bible indicates that human beings are expected to accept his existence through faith. Therefore, without faith, there is no way one can please and they would not believe that He exists. Moreover, if God made a decision of revering Himself to the world in order to attest to his existence, there would be no need for faith (Adamson, 2013). This paper focuses on drawing necessary ideas from literatures in order to support the notion that indeed God does exist. Arguments Scientists have an assertion that the universe...
4 Pages(1000 words)Term Paper

Does Global warming exist

...? Global Warming Exist In recent past, there has been a debate on global warming that has caused a massive controversy asto its causes, effects and possible solutions to mitigate against it. The current world is experiencing a massive shift in temperatures in what has always been known as global warming. The question that should be asked is what causes the global warming and does it really exist? While attempting to answer this question, it is important to note that the current face of the earth is quickly changing with the coasts, forests and snow capped mountains undergoing physical changes as opposed to what was present initially. Further, due to effects associated with global warming and climate change, there has been a marked... that...
5 Pages(1250 words)Essay

Company Law shareholders

...Minority shareholders' remedies under Companies Act 2006 Samantha holding 5% of the shares in Filo Ltd as against 52% held together (26% each) by the two directors Richard Anthony and Joan, is obviously a minority shareholder in the company. Even if she garners support of other shareholders, they would still form only 48% as a minority group. Since under company law, voting rights are crucial, the minority shareholders in practice can do little to prevent the majority shareholders' selfish actions unlike in the case of largely held companies where directors'...
4 Pages(1000 words)Case Study

Does Global Marketing Exist

...profits and revenues only. (Knight, 2004) A formal organization takes into account the role of leadership at the top and the manner in which this leadership is basically carried about, both in the interests of the people within the company as well as the company itself so that the end result is one on which everyone solemnly agree, that is to make the company thrive from a revenue-generating angle and image building aspect in the long run. A business does not come into its own overnight. It takes a lot of research, planning and proper execution to take it where the marketers, the business professionals and the stakeholders want it to...
11 Pages(2750 words)Essay

Does God exist

...what they supported. Therefore, if they exist independently, it means that they share a common power and become an ultimate cause. Finally, Anselm argues that there must exist one thing that every existing things exists through. To explain this, he illustrates his idea as follows; things must exist through something. And something might be one or more than one. If there is more than one thing, either they all exist through one thing, or exist through themselves. Therefore, he concluded that there is something that is best and greatest and supreme among all existing things. To Anselm, God is that which...
5 Pages(1250 words)Essay

Alteration for Benefit of the Company: Allen v. Gold Reefs

...of the company as a whole’ means… that the shareholder must proceed upon what, in his honest opinion, is for the benefit of the company as a whole…..[it] does not mean that the company as a commercial entity, distinct from the incorporators….the case may be taken of an individual hypothetical member and it may be asked whether what is proposed is in the honest opinion of those who voted in its favour, for that person’s benefit….[the resolution for alteration of the articles] would be liable to be impeached if the effect of it were to discriminate between the majority shareholders and the...
18 Pages(4500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic To What Extent Does a Company Exist Only For The Benefit Of Its Shareholders for FREE!

Contact Us