Shareholders vs Stakeholders Capitalism
نویسندگان
چکیده
منابع مشابه
A Comparative Theory of Corporate Governance
The term corporate governance is used in two distinct ways. In Anglo-Saxon countries like the US and UK good corporate governance involves Þrms pursuing the interests of shareholders. In other countries like Japan, Germany and France it involves pursuing the interests of all stakeholders including employees and customers as well as shareholders. Anglo-Saxon capitalism has been widely analyzed b...
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In recent years, scholars have noted the rise of ‘shareholder primacy’ or ‘shareholder value’ as an aspect of corporate governance. It has also been argued that the rise of shareholder primacy often has an injurious impact upon the interests of corporate employees. The argument suggests that under a certain type of capitalism, and particularly that which characterises ‘market-based’ rather than...
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