I put it to you that the directors are responsible to the shareholders for profit in perpetuity;
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I put it to you that the directors are responsible to the shareholders for profit in perpetuity; and that this general expression of a principle permits, indeed requires, directors to pay full regard to their employees, to labour relations generally, to the community, to the country, in all their decisions for and on behalf of shareholders. (Sir John Dunlop, company director)
Discuss the implications of Sir John Dunlop’s statement.
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The implications of Sir John Duplops statement is that it is the responsibility of directo...View the full answer
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Related Book For
Accounting Business Reporting For Decision Making
ISBN: 9780730363415
6th Edition
Authors: Jacqueline Birt, Keryn Chalmers, Suzanne Maloney, Albie Brooks, Judy Oliver
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