This paper evaluates the evidence which suggests that the responsibility of the directors of the company is to prioritize the interest of the shareholders over the other stakeholders of the organization. It discusses the duties of directors, corporate social responsibility, narrow view of CSR, and recommendations for the directors.

ACC03043 Assessment Session 2 2018

Overview of Assessment for ACC03043 Corporate Governance unit in Session 2 2018. The assessment comprises four tasks with different weightage. The unit is covered by the Accounting Learning Standard and focuses on four primary learning outcomes: Knowledge, Critical analysis and problem solving skills, Judgement, and Communication. The marking rubric for Assessment 2 is provided.

Directors prioritize shareholders over other stakeholders, as per evidence evaluated in this paper.

Corporate Governance and Ethics - Desklib

Corporate Governance and Ethics

This report discusses the obligations of directors towards stakeholders in corporate governance and ethics. It highlights the importance of considering the interest of all stakeholders while taking decisions. The report is submitted for the AICD.

Hartpury University and Hartpury College

Directors' Obligations towards Stakeholders in Corporate Governance & Ethics

This report discusses corporate governance with due regard to its challenges, ethical principles, and their impact on company productivity. It also covers the nature of a corporate entity, statutory requirements of accounting and reporting in the Australian regulatory environment, contemporary accounting controversies, solutions for routine accounting problems, theories of corporate governance, principles of corporate governance, and weaknesses of firm’s corporate governance.

Finance

Professional Development

Political Science

Corporate Governance: Challenges, Ethical Principles, and Impact on Company Productivity

This report evaluates why directors should not prioritise the interest of shareholders over other stakeholders based on the principles of corporate governance. Various evidence and examples will be given in the report to understand the importance of compliance with corporate governance.

Corporate Governance: Why Directors Should Not Prioritise Shareholder Interest

This report evaluates the evidences which state the duty of the company’s directors is to give more importance to the shareholder’s interest rather than the interest of the other stakeholders of the company. The report also analyzes whether it is important for the directors to take into consideration the interest of the stakeholders along with the shareholders while making decisions. The report discusses the legal framework, theories of corporate social responsibility and Milton Friedman, and good governance principles. The report concludes that while the legal requirement is to prioritize shareholder interest, directors can take into consideration the interest of other stakeholders as well.

Corporate Governance: Shareholder vs Stakeholder Interest

This report evaluates the role and responsibilities of directors in corporate governance and ethics. It discusses the duties of directors, the importance of a stakeholder approach, and provides examples of companies that have adopted a CSR structure. Recommendations are given for directors to ensure they consider the interest of a diverse range of stakeholders while discharging their duties.

Environmental Science

Corporate Governance

This report evaluates the relevance of a stakeholder approach for directors in corporate governance. It provides evidence from successful corporations such as Unilever, Starbucks, BMW and Levi Strauss & Co. and recommends compliance with duties, identification of interests and implementation of CSR model for directors.

Corporate Governance and Ethics

Directors' Obligations towards Stakeholders in Corporate Governance & Ethicslg...

Corporate Governance: Challenges, Ethical Principles, and Impact on Company Productivitylg...

Corporate Governance: Why Directors Should Not Prioritise Shareholder Interestlg...

Corporate Governance: Shareholder vs Stakeholder Interestlg...

Corporate Governance and Ethicslg...

Corporate Governance: A Stakeholder Approach for Directorslg...

Directors' Obligations towards Stakeholders in Corporate Governance & Ethics

Corporate Governance: Challenges, Ethical Principles, and Impact on Company Productivity

Corporate Governance: Why Directors Should Not Prioritise Shareholder Interest

Corporate Governance: Shareholder vs Stakeholder Interest

Corporate Governance and Ethics

Corporate Governance: A Stakeholder Approach for Directors