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 corporation
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Stakeholders vs. Shareholders The definition of business strategy is a long term plan of action designed to achieve a particular goal or set of goals or objectives. Stakeholder is a person‚ group‚ or organization that has direct or indirect stake in an organization because it can affect or be affected by the organization’s actions‚ objectives‚ and policies. Shareholder is someone who owns shares of stock in a corporation or mutual fund. For corporations‚ along with the ownership comes a right
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concerned about the profit for the current year. The goal of maximization of shareholders wealth deal with the problems brought up by profit maximization in quite a simple way‚ because Maximizing shareholders wealth just means modifying the goal of profit maximization to address the complexities of the operating environment. Since shareholders wealth maximization focuses on raising the market value of the existing shareholders common stock investor have to be careful with their decisions. 2. What
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Protecting interest of the minority Shareholders M S Siddiqui Legal Economist and pursuing PhD in Open University‚ Malaysia e-mail: shah@banglachemical.com The over-investment by directors is not good for the stock market and it should be addressed properly to find a way out and safeguard interest of minority shareholders from the experience of other markets‚ writes M S Siddiqui………………. http://www.thefinancialexpress-bd.com/2013/11/25/5614 In Asian countries including Bangladesh‚ the
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GAP Inc Table of Contents Abstract 4 Introduction: 5 Background of the company: 6 Objectives: 6 Mission and vision statement: 6 Industry analysis: 7 Porter’s Five Forces analysis: 8 Competition: 8 Treat of new entry: 8 Threat of substitutes: 9 Power of suppliers: 9 Power of buyers: 9 Environmental Analysis: 10 Social - Cultural: 10 Economic: 10 Legal/Political: 11 Technology: 11 Industry Structure: 12 Competitors: 12 Economics strategy adopted by Gap inc. to improve it’s
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Assignment Questions: 1. How can multinational companies (MNCs) such Gap and Levi Strauss have positive and negative effects on the host countries in which they operate? List the possible associated benefits and concerns of their presence. (5 Marks) Chapter 4 and 5: A multinational company or corporation (MNC) is an organization that has business operations in different countries. MNCs get involved in global activities to take advantage of business opportunities in several geographic areas and
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Available online at www.ilshs.pl International Letters of Social and Humanistic Sciences 8 (2013) 77-85 ISSN 2300-2697 Service marketing triangle and GAP model in hospital industry Rajesh K. Yadav1‚*‚ Nishant Dabhade2‚** 1 Associate Prof. & Head‚ Department of Management‚ RKDF College of Engineering‚ Bhopal (M.P.)‚ India 2 Assistant Professor‚ Department of Management‚ RKDF College of Engineering‚ Bhopal (M.P.)‚ India *‚**E-mail address: drrajeshkyadav@yahoo.com ‚ nishant
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University of Birmingham Birmingham Business School BSc Accounting and Finance Capital structure and shareholder return in Chinese banking industry Your Name Your Registration Number (07 14856) Extended Essay 2011-2012 Supervisor’s Name The length of the main body of the essay: 5‚770 words Index Abstract In June 2004‚ Basel II was published and it required banks to set up risk and capital management requirements so as to ensure adequate capital for the risks‚ to which
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and this leads to a generational gap. A generational gap is the age gap between people belonging to two different generations Everything is affected with the change of time-the age‚ the culture‚ mannerism‚ morality‚ and thinking. Therefore‚no two generations have shared the same views and options . Example The most common example of generation gap seen in the family is between parents and their children. Reason The basic reason is the difference of views‚lifestyle‚scychology‚attitude and
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transformation. No two generations have shared the same views and options. However‚ there has never been a greater divide between two generations than in modern times. With rapid changes in science and technology‚ the exposure‚ which today’s teenager is getting‚ is enormous. Value systems have gradually degenerated and the youth is assimilating a new culture. The result is confused parents who are unable to reconcile with the views of their children. There is a great divide between
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