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Shareholder value and the common good : essays on the objectives and purposes of business management /

What is the objective or purpose of business Management? According to the dominant theory of contemporary financial management scholarship, agency theory, business managers are obligated to maximise owner or shareholder value. According to most theories of business ethics, however, some owner-value-...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Otros Autores: Lutz, David (Editor ), Mimbi, Paul (Editor )
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Nairobi, Kenya : Strathmore University, [2005]
Temas:
Acceso en línea:Texto completo
Descripción
Sumario:What is the objective or purpose of business Management? According to the dominant theory of contemporary financial management scholarship, agency theory, business managers are obligated to maximise owner or shareholder value. According to most theories of business ethics, however, some owner-value-maximising actions should not be performed, because they would be unethical. Because business management scholars and business ethics scholars have not resolved this contradiction, students of commerce receive a contradictory education. The twenty-five essays in this interdisciplinary, international.
Descripción Física:1 online resource (406 pages) : illustrations
Bibliografía:Includes bibliographical references.
ISBN:9789966530059
9966530053
9966031154
9789966031150