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Corporate Governance: Principles, Policies and Practices, 3e by A.C. Fernando

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1

Other Stake Holders of the Company

Chapter Outline

  • Introduction
  • Corporate Governance and Employees
  • Corporate Governance and Customers
  • Corporate Governance and Institutional Investors
  • Corporate Governance and Creditors
  • Corporate Governance and the Community
  • Corporate Governance and the Government
Introduction

It is a well-accepted principle nowadays that corporations exist not only for the benefit of its part-owners called shareholders, but also to serve the interests of other stakeholders in society. It is fallacious to argue anymore that the immediate concern of a company is exclusively towards the shareholders, while other stakeholders are only of a peripheral importance to it. A corporate does not exist by itself and it does not operate ...

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