Business and Society Review 110:1 59– 76 Applying the Agency and Stakeholder Theories to the Enron Debacle: An Ethical Perspective Blackwell Oxford‚ Business BASR © 0045-3609 O 1 110 BUSINESS CULPAN riginal 2004 Center UK Article and and Publishing‚ and TRUSSEL Society for SOCIETY Business Ltd. Review REVIEW Ethics at Bentley College REFIK CULPAN AND JOHN TRUSSEL INTRODUCTION W e examine the infamous Enron debacle from an ethical perspective by defining its theoretical underpinnings and analyzing
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There are numerous key stakeholders in regards to infant falls or drops. Parents and family members of the infant are a very important key stakeholder. These parents of these infants born at my organization want their infant not only to be safe in the hospital but also when they go home. Nurses‚ managers‚ administration‚ educators all are key stakeholders in the problem or issue. A7a. Importance of Key Stakeholders and/or Partners Getting everyone that can be and could be affected by this
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PRINCIPLES OF MARKETING (MKT101) Case Study – Team Project (15 points) BP: Transforming Its Strategy “Beyond Petroleum” (p. 47-49) Each team should submit a written report by May 13th‚ 2012 at 1:00 pm. 1) Format The written document will be approximately 6 to 7 pages (excluding references and appendixes). The case write-up should have the following format: i. ii. iii. Cover page (with alphabetized names and students ID) Introduction (including a brief summary of the case) Answer to questions:
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Stakeholder | Points to cover | Owners | This could be a sole trader or a partnership. People think that owners are the most important stakeholders because they might have put a lot of effort into setting up the business. Owners want/like their share of profit increasing and there business progressing well. The owners in Marks and Spencer’s have an interest because they want to see their business rising. Cancer Research owners have an interest in the business because they want the charity to raise
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The power of buyers | | | | The power of suppliers | | | | The threat of substitutes | | | | Competitive rivalry | | | | Collaboration | | | 2.3. Explain the significance of stakeholder analysisChapter 1 | Stakeholder significance grid | | | | Stakeholder mapping | | Merit and Distinction: Criteria 1.3: future direction of the competition‚ needs of customers‚ gaining and maintaining competitive
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Integrated working involves the collaboration of various key personnel and stakeholders in the process. The key personnel are: Those that educate –‚ the class teachers‚ subject teachers‚ special education needs teachers and support workers‚ the professionals who advise the key personnel and assist in resolving issues – the school director‚ head teachers‚ section heads‚ special education needs co-ordinator (SENCO). SENCOs work very closely with the head teacher and governing body in determining
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Philips Electronics “Stakeholders (or interest groups) are tangible‚ visible and approachable groups or institutions which have a direct influence on the functioning of an organisation.” INTERNAL STAKEHOLDERS Employees Philips employees work in different divisions: Healthcare‚ Lighting‚ Consumer Lifestyle and Innovation & Emerging Businesses. Within these divisions‚ you can have a general leadership position‚ occupy a functional leadership position‚ you can be specialist‚ etc. Philips says it’s
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Monsanto had been covering up years of environmental pollution. A paper trail showed Monsanto had known about the pollution since 1960‚ but didn’t stop the dumping. Hugh Grant took over the company in 2003. But because of the scandals and stakeholders uncertainty‚ the price of Monsanto’s stock had fallen by 50 percent‚ and they lost $1.7 billion dollars. Grant knew by strategic focus on GM foods‚ the company would recover. Monsanto’s Pledge and Code of Ethics: The Monsanto Pledge is to
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The mineral rights to drill for oil at the Macondo well‚ were purchased by BP at the Minerals Management Service’s (MMS) Lease Sale No. 206‚ held in New Orleans. June 22 – Mark E. Hafle‚ a senior drilling engineer from BP‚ warns that the metal casing for the blowout preventer might collapse under high pressure Deepwater Horizon drilling rig company‚ owned by Transocean‚ begins drilling on the Macondo Prospect. The planned well was to be drilled to 18‚000 feet below sea level‚ and was to be plugged
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disaster strictly a BP failure or an industry accident?........................................................................2 What factors affect the competitive environment of the oil industry? ...........................................................2 Question 2 ............................................................................................................................................................4 What were the most significant flawed decisions made by BP and its partners
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