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Topic: Business
Number of pages / Number of words: 15 / 3971
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If managers try hard towards profit maximization, shareholders will be pleased, but this will bring managers into conflict with the optimization of benefits for other stakeholders. In short to a certain extent there is a conflict between the profitability and responsibility (Cannon 1992, Demb and Neubauer 1992)

The ultimate point is whether organisations should primarily be run for the financial benefit of the share holders or for the broader benefit of the stake holders...


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In short to a certain extent there is a conflict between the profitability and responsibility (Cannon 1992, Demb and Neubauer 1992)

The ultimate point is whether organisations should primarily be run for the financial benefit of the share holders or for the broader benefit of the stake holders. There are many points of views on the right organisational purpose in the strategy literature, here the two diametrically opposed positions will be identified and discussed...


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managers Alternative theories to profit maximization Developing Managers dynamics facing the managers of today are different from those facing the managers of Taylor's time Finance Managers Financial Managers Need Only Concentrate On Meeting The Needs Of Shareholders - No Other Group Matters Good Managers How Managers Delegate Leaders Vs Managers Leaders Vs Managers: Managers, Management and What Managers Do Marginal utility theory, product differentiation, and revenue/profit maximization The Art Of War For Managers The Functions of Managers What Do Managers Do? Critically discuss the following statement: “The work and skills of managers are the same irrespective of their position within the organisation.”

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