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.

Assessment Task 2

'As a separate legal person, a corporation has two basic objectives: To survive and to thrive. Shareholder value is not the objective of the corporation; it is an outcome of the corporation’s activities. While shareholders entrust their stakes in a corporation to the board of directors, shareholders are just one audience among others that the board may consider when making decisions on behalf of the corporation. These

Report examines if directors should prioritize shareholder interest over stakeholders and importance of considering both.

Corporate Governance: Shareholder vs Stakeholder Interest

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.

Hartpury University and Hartpury College

Corporate Governance and Ethics

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.

Political Science

Corporate Governance: Why Directors Should Not Prioritise Shareholder Interest

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.

Directors' Obligations towards Stakeholders in Corporate Governance & Ethics

Explore the concept of corporate governance and its importance in regulating how firms are conducted and governed. Learn about different theories, such as agency theory and stewardship theory, that define the interaction between stakeholders. Understand the concept of shareholder value and the role of directors in maximizing profits. Discover the obligations of corporations towards their stakeholders and the impact of corporate social responsibility. Gain insights into the UK's Corporate Governance Code and the legal framework for publicly traded corporations.

Corporate Law and Governance

This article discusses the duties of directors and independent directors in corporate governance. It covers the rules, issues, and applications related to corporate governance. It also provides insights into stakeholder interests and monitoring functions. The article cites relevant cases and legislation to support the discussion.

Corporate Governance: Directors' Duties and Independent Directors

This study critically assesses division of power in the area of decision making in the legal system of Anglo-America along with ramifications. Also, the study intends to explore whether shifting of specific powers and authorities in the hands of shareholders can prove to be advantageous for the corporations. The article examines the institutional financiers, their potential to assume a leading role in the running business concerns. The study also addresses certain regulatory reforms that need to be taken into consideration in particularly the UK, USA. The role of various shareholders as stewards of the corporation can be considered to be an important component of effectual corporate governance.

Corporate Governance: Shareholder vs Stakeholder Interest

Corporate Governance and Ethicslg...

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

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

Corporate Law and Governancelg...

Corporate Governance: Directors' Duties and Independent Directorslg...

Corporate Governance and Division of Power in UK, USA and Europelg...

Corporate Governance and Ethics

Corporate Governance: Why Directors Should Not Prioritise Shareholder Interest

Directors' Obligations towards Stakeholders in Corporate Governance & Ethics

Corporate Law and Governance

Corporate Governance: Directors' Duties and Independent Directors

Corporate Governance and Division of Power in UK, USA and Europe