Stakeholder versus Shareholder Stakeholder theory thinks that the enterprise is a series of contracts with various stakeholders to form various stakeholder consultations‚ the outcome of a transaction‚ whether investors‚ managers‚ employees‚ customers‚ suppliers‚ or government departments‚ community‚ etc.‚ they are enterprise-specific investments and bear the risks. On the other hand‚ Shareholder theory thinks that not only the market will be sound‚ permanent‚ and viable‚ but also the ethical issues and
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Requirements for Valid Action at a Shareholder Meeting * Read statute‚ bylaws and articles * 1. Authority for the meeting * 2. Proper notice (or waiver of notice) * 3. Quorum * 4. Required number of votes cast in favor 1. Authority for Meeting * The meeting must be authorized * Look to statute and bylaws for authorization * Annual meetings MBCA §7.01 * Special meetings MBCA § 7.02 * Court ordered meetings MBCA § 7.03
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What it means to be Educated To be educated is to be taught in a way that I believe will help you to succeed in the real world. Education is the idea that is supposed to be taught in schools all across the World‚ but is it really being taught? Education means something and is defined differently by many different people. A few people who have different views on what the meaning of education is are Paolo Friere‚ Bell Hooks‚ and Theodore Sizer. In the words of Paolo Friere‚ professor at Harvard
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Question a) What are the responsibilities of a company? Martin Friedman believes that businesses do not have any moral obligations or social responsibilities at all‚ other than to maximize their own profit. This view is called “Shareholder Theory”. Friedman argued that a company should have no social responsibility to the public or society because it’s only concern is to increase profits for itself and for its shareholders. He states that‚ when companies concern themselves with the community
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Disclosing Officer Untruthfulness to the Defense Catrina M. Bonus CJUS 350- D01 Professor Herbert W. Duff December 12‚ 2014 Introduction What does it mean to be a police officer? To most‚ it means to perform their duties with integrity‚ nobility honor‚ courage‚ and morality. While a very large percentage of law enforcement officers act in such a way‚ there are a few that do not and which shines a bad light toward the entire profession. Sadly in today’s culture‚ the respect for law enforcement
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Paper 2 What is nature? If “nature” is a term solely referring to physical matters viewed in their own existences‚ separate from those of others‚ then it shall be an inadequate definition to answer the question “what is nature?”. Getting them to interact with one another and including the process of interrelations among those matters into the definition of “nature”‚ we still have an insufficient definition. The missing component here‚ and the precise definition that truly reflects what nature really
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What Office Dress Code means today? Debates are means by which individual or group of people share their views of a particular subject through arguments or forums. Debates use rhetorical appeals‚ which are logos‚ ethos and pathos to send messages across the same audience. Logos is the capacity of making the audience have confidence in the speaker by using logical explanations‚ facts and statistics. On the other hand‚ ethos is an appeal of making the audience believe that the debater’s idea is credible
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of firms was to maximize shareholder wealth within the legal boundaries of society. Government and citizens should assume their rightful roles by setting and maintaining those limits. Several concepts prove why the ethical responsibility of a corporation should be placed internally‚ on producing profit‚ rather than addressing social issues. Friedman’s philosophy supports the rights of shareholders and says that the primary duty of corporations is to maximize profit. Shareholders are owners of the
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Memo to Shareholders – Carpino Company To: Shareholders‚ Carpino Company Inc. From: Subject: First Year Performance of Carpino Company Introduction Upon completion of Carpino Company’s first year of business‚ it is with great satisfaction that I present to you the year end Cash Flow Statement and analysis for the period ended January 31‚ 2007. You will notice the statement as presented shows in detail the various operating‚ investing‚ and financing activities of the organization. Analysis
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INTERNATIONAL DANCE ACADEMY CONTEMPORARY SCHOOL OF DANCE _________________ 2012 COURSE CATALOG TABLE OF CONTENTS_________________________________ ACADEMIC CALENDAR……………………………………………………………………………………………………………………………….………..2 MISSION STATEMENT…………………………………………………………………………………………………………………………………….…….3 NOTICES……………………………………………………………………………………………………………………………………….………………………3 ADMISSIONS……………………………………………………………………………………………………………………………………..……..………….3 TUITION AND FEES……………………………………………………………………………………………………………………………………………
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