answersLogoWhite

0


Best Answer

yes ofcourse take a look at the stewardship theory and the stakeholder theory..there is conflict between having an obligation to society/stakeholders or shareholders.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Is there a Conflict between a company's responsibility to its shareholders and its responsibility to society as a whole?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

When can there arise a conflict between shareholders and managers goal?

conflicts between a shareholders goals ana a managers goal may arise when the shareholder decides to by-pass the principle of agency theory which states that the mangers and shareholders should have equal rights of financial decision making unless one via the other is made to be clearly resolved through devastating financial effects. the conflict from here then oon arises.


What is the race conflict approach?

Race- conflict approach, a point of view that focuses on inequality and conflict between people of different racial and ethnic categories.


Describe the difference between corporate revealed ethics and corporate applied ethics?

Corporate revealed ethics presents the worth of information that enhances value for its company's shareholders. Corporate applied ethics, on the other hand, results in a positive image for the company to its shareholders, thus, resulting in the improvement of the satisfaction level for its investors.


Difference between ethics and social responsibility?

With social responsiveness you respond to a new/potential social need. With social responsibility you follow the ethics of your industry. The difference is the goal: with social responsiveness you try to sell more, while with social responsibility you try to have a good image.


What are some examples of intrapersonal conflict?

Some examples of intrapersonal (internal) conflicts are:A person who is dieting being offerred a big piece of cake may have an intrapersonal conflict as to eat the cake or stay on the diet.A person who has promised to keep a secret may experience a conflict between keeping the secret or telling it to someone.A teen may have a conflict between giving in to peer pressure or acting on their own values and beliefs.

Related questions

Agency conflict between shareholders and creditors?

if the creditors are not paid in time.


What is the difference between corporate governance and corporate social responsibility?

Corporate governance is for the accountability to shareholders, corporate social responsibility is for the accountability to remaining other stakeholders.


When can there arise a conflict between shareholders and managers goal?

conflicts between a shareholders goals ana a managers goal may arise when the shareholder decides to by-pass the principle of agency theory which states that the mangers and shareholders should have equal rights of financial decision making unless one via the other is made to be clearly resolved through devastating financial effects. the conflict from here then oon arises.


What is the difference between Companys' and Company's?

company's


What are the differences between formal and informal shareholders agreement?

what is formal and informal shareholders agreement


What is the relationship between shareholders with company or corporation?

Shareholders are the people who invest from in the corporation by buying stock.


What is the difference between corp officer and corp director?

In a corporation, an officer carries out day to day operations, while a director has overall responsibility for the business and answers to shareholders. Often, these functions are carried out by the same people.


What is the difference between the views of classical and social responsibility?

Classical view of responsibility holds that a business should solely focus on maximizing profits for shareholders, while social responsibility view believes that businesses should also consider and address the impact of their actions on society and the environment. Classical view emphasizes economic performance, while social responsibility view emphasizes ethical and social impacts.


What are the agency problems between shareholders and management?

faak it


What kind of work does a business analyst do?

A Business analyst works with individual shareholders of a company to help them understand how the company they are invested in works. They act as an in between between companies and their shareholders.


What is difference between shareholders and investors?

Shareholders are investors that hold shares in the company. Investors are the investing public of which some own shares in the company.


Why conflict can happen between stakeholder?

Stakeholders are customers, competitors, society, government, managers, workers, shareholders... These stakeholders have different objectives: Shareholders want more profits but managers want the business to expand so as to receive more salary and increase their status. In this case, if managers decide to expand the business, the shareholders will receive less dividend since the money is used for the expansion, thus there is a conflict.. Customers want a better quality of products and a cheaper price. Society wants businesses to use environmentally friendly materials. Workers want a secure job and maybe a high pay...