‘’Being shareholders has two sides, One side is being a financier of the company. The financer is mostly a investor looking for a place to drop his money and make money. On the other side the shareholder is the owner of the company’’
- Peter Blom, CEO Triodos Bank. This is a sustainable bank founded in the Netherlands and also located in the United Kingdom, Belgium, Germany, Spain and France. In this company I did my internship in the fall semester of 2013.
It is a long going discussion, who has the power in a listed company. Are that the shareholders, the executives or the commissioners? The answer can be given very easily, the ultimate power is in hands of the board of directors, and we should be happy that it is that way.
Many times you hear it makes a big difference if a company uses the Rhenish model(rhine capitalism) or the Anglo-Saxon model. The Rhenish model is based on human market economy which was propagandized by the west German government(SPD) after world war two. In this model the government interfere a lot in education, environment public affairs and the social life. People also say it is an social welfare state because it is not just about money. The Anglo-Saxon model or Anglo-Saxon capitalism (so called because it is practiced in English-speaking countries such as the United Kingdom, the United States, Canada, New Zealand, Australia and Ireland) is a capitalist model that emerged in the 1970s, based on the Chicago school of economics. This is based on liberal values such as self-reliance, individual initiative, freedom and limited social security central. The government gives priority to a good business climate. wage determination is left to the market and a flexible labor market gives impulses to employment, but with many problems for any dropouts.
In the countries that are usually classified under the Rhenish model dominate the position and interests of the shareholders (shareholder approach '), while the