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- W3201004189 abstract "The wealth and success of organizations has largely been attributed to the influence of the shareholders’ financial contribution, and their capacities to shape the future of the company they invest. This assertion subscribes to the traditional Corporate Law principles that companies must focus on protecting the ownership (shareholders) by establishing mechanisms for wealth maximization. Interests that favor the stakeholder groups such as employees, creditors, vendors, customers, government or other regulatory agencies are generally construed as the means of achieving the interests of the shareholders, and efforts to boost the ego of the management. Many scholars have argued that the interests of the stakeholders can be understood as constraining factors inhibiting the rights to maximize the owners’ wealth. This paper seeks to establish the compatibility that exists between the shareholders and stakeholders, not as rivals but as partners in progress towards maintaining organization’s sustained growth and high productivity. It further clarifies the roles of stakeholders, and how their interests could impact on the company." @default.
- W3201004189 created "2021-09-27" @default.
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- W3201004189 date "2019-09-22" @default.
- W3201004189 modified "2023-09-23" @default.
- W3201004189 title "Corporate Governance: The Essential Role of Management and Other Stakeholders in Good Governance" @default.
- W3201004189 hasPublicationYear "2019" @default.
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