The shareholder value approach to managing businesses is different from the stakeholder approach to managing businesses. In

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The shareholder value approach to managing businesses is different from the stakeholder approach to managing businesses. In the latter case, the different stakeholders of the business (employees, customers, and suppliers) are considered of equal importance and so the interests of shareholders will not dominate.
Is it possible for these two approaches to managing businesses to coexist in harmony within a particular economy?
Stakeholders
A person, group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization's actions, objectives and policies. Some examples of key stakeholders are creditors, directors, employees,...
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Financial Management for Decision Makers

ISBN: 978-0138011604

2nd Canadian edition

Authors: Peter Atrill, Paul Hurley

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