| SHAREHOLDERS WEALTH MAXIMIZATION | 10/11/2010 About GSK - Our company Established in the year 1924 in India GlaxoSmithKline Pharmaceuticals Ltd. (GSK Rx India) is one of the oldest pharmaceuticals company and employs over 3500 people. Globally‚ we are a USD 45 billion‚ leading‚ research-based healthcare and pharmaceutical company. In India‚ we are one of the market leaders with a turnover of Rs. 1860 crore and a share of 5.2 per cent*. At GSK‚ our mission is to improve the quality of
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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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Campo 3/8/2012 BUSN 320 Word Count 392 Maximizing Shareholder Wealth The goal of a firm and a financial manager should involve maximizing the wealth of a firm’s shareholders through achieving the highest possible value for the firm (Block 13). It is a vital task to oversee properly as a financial manager‚ and while the manager cannot directly control the firm’s stock price‚ it can act consistently with the desires of the shareholder. Accounting‚ financial and other irregularities can erode
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than to maximize their own profit. This view is called “Shareholder Theory”. Friedman argued that a company should have no social responsibility to the public or society because it’s only concern is to increase profits for itself and for its shareholders. He states that‚ when companies concern themselves with the community rather than focusing on profits‚ it leads to totalitarianism. In this traditional view of the firm‚ the shareholders or stockholders are the owners of the company‚ and the firm
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Around the globe‚ social activists have been using activism and grassroot movements to cope with social ills and new ideas entering the society. In the essay “Democracy in Cyberspace: What Technology Can and Cannot Do for Us” by Ian Bremmer presents the idea of capitalistic pursuits set on technology in China. In the essay “Fences of Enclosure‚ Windows of Possibility”by Naomi Klein presents the idea of globalization around the world and how trade and globalization work together to advocate for democracy
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BACKGROUND Judicial activism has become a subject of controversy in India.1 Recent and past attempts to hinder the power of the courts‚ as well as access to the courts‚ included indirect methods of disciplining the judiciary‚ such as supersession of the judges2 and transfers of inconvenient judges.3 Critics of judicial activism say that the courts usurp functions allotted to the other organs of government. On the other hand‚ defenders of judicial activism assert that the courts
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with the stream‚ but only a living thing can go against it.” G.K Chesterton Activism and protests are important to a government‚ even more to a democracy‚ to help make a change‚ in some circumstances‚ which would not have had light shined on them otherwise. Without such demonstrations‚ we may still have segregation between the races and unequal rights between genders. Generally‚ most people have the wrong idea about activism and protests. Undoubtedly there are “hippies” and “flower children” that protest
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Character Essay Introduction: The Hunger Games is told a book written by Suzanne Collins. The novel aimed at adolescents is of the dystopian genre. The story is told by Katniss Everdeen (main character) in the present tense. There is ongoing bias in the novel‚ as we see things from Katniss’ point of view. In the book there is a variety of different characters; one of these will be the subject of this essay: Haymitch Abernathy. I will explain how Collins represents him. Description of Haymitch:
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Judicial activism believes that judges assume a role as independent policy makers on behalf of society that goes beyond their traditional role as interpreters of the Constitution and laws. Prior to the enactment of the Canadian Charter of Rights and Freedoms in 1982‚ the duty of Supreme Court justices was to interpret law‚ not took it upon themselves to make law. Nevertheless‚ the Supreme Court justices play a more predominant role in shaping government policy and legislation today than they did
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He escaped and then died. Malala is brave and a symbol of hope. Iqbal is strong and smart. First of all‚ teen activism is a gift given to certain that can change the world by just an idea.
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