ETHICS WITHOUT STAKEHOLDERS Joseph Heath Abstract: One of the most influential ideas in the field of business ethics has been the suggestion that ethical conduct in a business context should be analyzed in terms of a set of fiduciary obligations toward various "stakeholder" groups. Moral problems‚ according to this view‚ involve reconciling such obligations in cases where stakeholder groups have conflicting interests. The question posed in this paper is whether the stakeholder paradigm represents
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“The primary role of management is to maximize the wealth of the shareholder.” “Financial management should include not only a concern for profit maximization but also for maximization of societal value.” The stakeholder theory defines the main objective of each and every organization. It is to be able to maximize the wealth of the firm by increasing its stock price. By defining the wealth of the firm‚ it is also defining the stockholder who own shares of the company. The parallelism of the stock
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Pediatric Clinic Experience Pediatria J.L is a 10-month-old white Caucasian male baby. J.L was born at TMH at 34+2-week gestation via C-section delivery due to breech presentation. At birth he weighed 2.18 kg with APGARs scores of 5 and 9. JL received physiotherapy at TMH NICU after birth due to jaundice‚ and then TMH refer him to UF hospital. While in UF hospital‚ J.L was diagnosed with Phelan – McDermind 22q13 deletion syndrome‚ dysphagia‚ congenital hypotonia macroglossia‚ convulsions‚ anemia
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John Brockett stepped foot in the New Haven Colony in 1638 as one of its chief founders and civil engineers. He was appointed the first surgeon for the colonies’ soldiers‚ and served in King Philip’s War under this role. His son‚ my 8th great-grandfather‚ would receive medical training at Oxford and return to America as the first resident physician in the New Haven Colony. At this time‚ ailments of the chest were treated with poultices and prayer. Little could my ancestors imagine that the heart
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Analysis of a Stakeholder HCA-255 July 27‚ 2013 Michael Crandell By: Angela Seip What is a stakeholder and what role do they play in our healthcare system? A stakeholder is a person or group that has interest or concern in an organization. They can affect actions or be affected by the organization ’s actions‚ objectives and policies. In order to qualify as a stakeholder‚ an entity must have a claim or interests in the firm and the ability to influence it. In the role of healthcare this would include
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1515 Paper (A+) Stakeholder Influences People often think of stakeholders as people with a monetary stake in an organization‚ but not necessarily true anymore. In the past‚ people considered stakeholders the people with a financial stake in the organization that would receive profits from the success of the business. Today stakeholders cover a much broader spectrum of people such as funders‚ administration‚ staff‚ volunteers‚ community‚ and the target population (Yuen/Terao‚ 2003). Each group of
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Identify The issues at stake: The issue at stake is whether or not to continue treating Tom‚ even though he cannot pay for services; he has offered labor in lieu of payment. The stakeholders: Tom‚ Me‚ my agency‚ The social work profession Stake for each: Tom is struggling and needs therapy. I feel guilt for turning him away. My agency would not benefit from Tom’s labor. The social work profession may suffer a bad reputation in consequence of my actions. Options for action: I could treat Tom and
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CARDIOLOGY CLINIC CONSULT Patient Name: Murray R. Abbell Patient ID: 001987 DOB: 01/15/2014 AGE: 87 SEX: M Consultant: Dr. J.K. McLain‚ Cardiology Requesting Physician: Martha C. Eden‚ MD‚ Geriatrics Date of Consult: 17 September Reason for Consult: Emphysema and congestive heart failure. HISTORY: This 87 year old Caucasian male patient‚ has been diagnosed as having emphysema and congestive heart failure. He is referred for cardiac evaluation and 2-D echo. In January
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FORCES OF GLOBALIZATION AND IMPACT TO STAKEHOLDERS INTRODUCTION Globalization can be defined as the process of social‚ political‚ economic‚ cultural and technological integration among countries around the world. However‚ globalization is frequently confused with internationalization. Internationalization increases the importance of international trade‚ international relations‚ treaties and alliance between nations (Herman E Daly‚ 1999). Internationalization works by penetrating another country
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1. Kodak Stakeholder Impact Analysis Shareholders The shareholders of Kodak want a good return on their investment. Kodak has been exhausting resources through acquisitions and joint ventures with other companies‚ which leads to decreased shareholder profits. Kodak lost over $1.7 billion in already manufactured cameras and a patent suit where Polaroid sued them for violations on seven of their patents which also led to decreased shareholder profits. Competition was increasing in all areas and
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