• Case Study
    are trying to maximize their salary, rather than an attempt to maximize shareholderswealth(stock price). c. Evaluate the firm’s approach to pollution control. Does it seem to be ethical? Why might incurring the expense to control pollution be in the best interests of the firm’s owners despite...
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  • 19-05-03-Spa
    the same kind of respect that Islamic scholars quote the Koran. 13 However, the main objection to Henderson's criticism of corporate social responsibility is that he does not understand, or does not want to understand, what corporate social responsibility actually means. The efforts by NGOs to impose...
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  • The Objective in Corporate Finance
      ¤  -­‐  Firms  that  maximize  stock  price  generally  are  profitable   firms  that  can  afford  to  treat  employees  well.   Maximizing  stock  price  does  not  mean  that   customers  are  not  criKcal  to...
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  • Ethical Problems Faced by Actuaries in Business & Some Possible Solutions to These Conflicts
    offer several solutions to these three most common ethical situations an actuary encounters, as well as recommendations on how to avoid these ethical problems from ever arising. Methods Our primary means of research was the internet. We found most of our sources by exploring the many...
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  • Philosophy Friedman
    hard to ask one to disregard his or her bias and pretend to choose what is best for all stakes. In summary, shareholder’s self-interest will always be to maximizing profit, but because their decision is constraint by customers’ behavior and market trend, firms will choose to operate in an ethical...
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  • Agency theory
    certainly true that some parts of shareholder primacy do not wholly complement a strong focus on business ethics, it does not necessarily mean that ethical inquiry is bad for business. Besides the important inherent social contraposition to shareholder primacy, the Aristotelian virtues may not as...
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  • Worldlist
    contracting costs play in determining what governance systems are optimal. The use of the word "optimal," while standard in the literature, can cause confusion. Optimal does not mean perfect, but the best contract that can be achieved to maximize shareholder value given the contracting costs in a...
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  • Business Schools Need to Produce Ethical Managers
    finance majors are constantly reminded to maximize their shareholderswealth, they face conflict of interests when the means to achieve their goal are accused of being unethical or questionable. • Most corporations move to the “ethical way of business” is accused of being just a strategic move to...
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  • agency problem and corporate governance
    they may spend money on unnecessary luxury items, make business decision with the primary intention of increasing their power, or improperly manage risk in a manner that does not maximize shareholders utility. The corporate governance framework consists of explicit and implicit contracts...
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  • Stakeholder Ownership
    is heterogeneous, the costs of decision making may be very high. A large group of controlling employee-owners, with conflicting interests, have much higher decision costs than a group of pure shareholder-owners with homogeneous preferences to maximize shareholder value. Closely connected to this...
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  • Comm Reflective Essay
    . However, behaving ethically is not quite the same thing as behaving lawfully, because ethics are about what is right and what is wrong; while law is about what is lawful and what is unlawful. What is unethical does not mean it is unlawful, for example, if a driver sees a car crash while he was...
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  • Muslim World View
    guidelines and constraints in achieving its objective such as to maximize wealth of it shareholders and with regard to other group that have interest in company. Guidelines and constraints including behaving in an ethical way and in compliance it laws and regulation. Here, the concept of...
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  • Toward Completion of My Master of Bank Management (Mbm) Final Examination I Choose Eastern Bank Limited to Write a Thesis on Sme Banking. I Have Completed 4(Four) Months with Eastern Bank Limited. During My Four-Month
    by several different factors. Ethical consumerism The rise in popularity of ethical consumerism over the last two decades can be linked to the rise of CSR. As global population increases, so does the pressure on limited natural resources required to meet rising consumer demand (Grace and...
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  • Chapter 1 Notes
    we say the financial manager should attempt to maximize the wealth of the firm's shareholders through achieving the highest possible value for the firm. Shareholder wealth maximizationMaximizing the wealth of the firm’s shareholders through achieving the highest possible value for the firm in the...
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  • Shareholder and Stakeholder Approaches
    directly to the ‘Chicago School’ of economics, most notably to Milton Friedman and his colleagues, who have argued for nearly four decades that the overriding purpose of the firm is to maximize shareholder wealth. They believe solving social problems is the responsibility of the state. Friedman...
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  • Finance
    utilization with a view to maximize the wealth of the shareholders. Financial management is concerned with the efficient use of an important economic resource; namely, capital funds. Thus, Financial management includes – Anticipating Financial Needs, Acquiring Financial Resources and Allocating Funds in...
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  • Corporate Social Responsibility
    these maybe acting responsible to cover irresponsible practices. What responsibilities does a corporation have? Is its sole aim to make profit? Or should it contribute so social good and to the betterment of the community? What is CSR? The term corporate social responsibility has been...
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  • Corporate Governance
    economic agents, including legal entities like firms. A firm in Islamic economic system can be viewed as ‘nexus-of-contracts’ whose objective is to minimize transaction cost to maximize profits and returns to investors subject to constraints that these objectives do interacts with the firm directly...
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  • Corporate Social Responsibility
    address, how does each book address the concepts of ethical and unethical behavior, what are the general differences and similarities between both books, and how does each author’s viewpoint incorporate stakeholder management and economic theory. The information and content presented throughout this...
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  • Business Law
    ethical concerns in their foundational values and incorporate ethics in their business strategy can social responsibility as a value be embedded in daily decision making. Most businesses operate under the assumption that the main purpose of business is to maximize profits for shareholders. The...
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