The current issue and full text archive of this journal is available at www.emeraldinsight.com/1755-4179.htm Shareholder and stakeholder theory: after the financial crisis Terence Tse ESCP Europe‚ London‚ UK Abstract Purpose – The recent financial crisis has restarted the debate of the value of both shareholder and stakeholder theories. This paper aims to continue this discussion. Design/methodology/approach – The paper reviews existing literature and examines the benefits and problems associated
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Requests and Permission: may‚ can‚ could‚ will‚ would Requests Requests in English are usually made in the form of general questions with the help of the modal verbs MAY‚ CAN‚ COULD‚ WILL‚ WOULD. Requests are pronounced with rising intonation. Adding "please" to a request makes it more polite. As a rule‚ polite requests are not asked in the form of negative questions. The modal verbs MAY‚ COULD‚ WILL‚ WOULD are used in making polite requests in speech and writing‚ in communication
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SPEAKING PART ONE TOPICS. YOU Describe yourself. FAMILY o Describe your family? o Do you have a large or small family? o How much time do you spend with your family? o What do you like to do together as a family? o Do you get along well with your family? o Are people in your country generally close to their families? WORK o What do you do? o What are your responsibilities? o How many hours do you work each day? o Do you enjoy your work? o Is there some
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Should You Offer Employees Health Care Benefits? Health care benefits are optional for most employers‚ but of critical importance to most employees. Employers should be aware of the pros and cons of offering health benefits to their employees. Benefits are a critical piece of an employee compensation package‚ and health care benefits are the crown jewel. Health care benefits‚ along with time-off benefits‚ are the most popular of benefits to employees. Every employer must at least consider whether
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contrary to interests of members as a whole s461(f) - act/omission or proposed act/omission by or on behalf of company or a resolution or proposed resolution of a class or members of the company was or would be oppressed or unfairly prejudicial to‚ unfairly discriminated against a member(s) or was or would be contrary to interest of members as a whole s461(g) b. remedies for oppression or injustice: Pt2F.1 wider range of remedies to oppressed/injustice refer to wk 11 last page 2. The just and equitable
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The mental and physical changes in the first two years of a child’s life are incredible and set the tone for future development. A child grows from a tiny little baby with crying as their only means of communication‚ to a thriving two year old who has developed their own imagination and personality with a budding vocabulary. According to the BabyCenter website‚ by the time a child is two they will know about 200 words. The real question is‚ can you understand all two hundred of them? Around three
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issue shares? In order to raise capital‚ generally to expand the business Suggestion • Raising capital • Expanding the business 4/29/2014 1 Why do people buy the shares? Shares give their holders part of the ownership of a company. (Shareholders have a part of the ownership.) Shareholders receive a proportion of a company’s profits as dividend‚ and may be able to make a capital gain by selling their shares at a higher price than they paid for them. (Shareholders receive
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Preference Shares As in section 4 of Company Act 1965‚ it interpret preference share as “a share by whatever name called‚ which does not entitle the holder thereof to the right to vote at the general meeting or to any right to participate beyond a specified amount in any distribution whether by way of dividend‚ or redemption‚ in wind up‚ or otherwise.” (the library book) Besides that‚ section 66(1) of Company Act 1965 also states that “No company shall allot any preference shares or convert any
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the listed cases demonstrate how difficult it is to violate an established social structure‚ even when following the social structure violates personal morals. Milgram’s findings‚ as read in the article “If Hitler Asked You to Electrocute a Stranger‚ Would You?”‚ apply to the first case of a manager and her fiancé ordering a teenage girl to strip and her following their commands. Milgram’s data suggested that humans are obedient even to the extent of blindly following authority. His findings were
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Stakeholder versus Shareholder Stakeholder theory thinks that the enterprise is a series of contracts with various stakeholders to form various stakeholder consultations‚ the outcome of a transaction‚ whether investors‚ managers‚ employees‚ customers‚ suppliers‚ or government departments‚ community‚ etc.‚ they are enterprise-specific investments and bear the risks. On the other hand‚ Shareholder theory thinks that not only the market will be sound‚ permanent‚ and viable‚ but also the ethical issues
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