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Tutorial 2 Chapter 11: Corporate Governance, Corporate Social Responsibility & Ethics

Stakeholders are individuals or groups that can affect or are affected by a company's actions. They include shareholders, employees, customers, suppliers, and the community. Stakeholders have rights like the right to information and participation in decision making. Stakeholder impact analysis identifies stakeholders, assesses their interests and influence, prioritizes them, and develops strategies to engage them. Agency theory discusses the conflict between managers and shareholders that can arise due to differing interests, known as agency problems, which can lead to unethical behaviors if not properly addressed.

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Ong CH
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50 views

Tutorial 2 Chapter 11: Corporate Governance, Corporate Social Responsibility & Ethics

Stakeholders are individuals or groups that can affect or are affected by a company's actions. They include shareholders, employees, customers, suppliers, and the community. Stakeholders have rights like the right to information and participation in decision making. Stakeholder impact analysis identifies stakeholders, assesses their interests and influence, prioritizes them, and develops strategies to engage them. Agency theory discusses the conflict between managers and shareholders that can arise due to differing interests, known as agency problems, which can lead to unethical behaviors if not properly addressed.

Uploaded by

Ong CH
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Tutorial 2

Chapter 11: Corporate Governance, Corporate Social Responsibility & Ethics

Task 1
1. Define stakeholders. Explain the types of stakeholders that could affect company’s decisions.
2. Explain the rights of stakeholders.

3. Explain the steps in the stakeholders impact analysis.

4. Explain Agency Theory and Agency Problem.Discuss some of the unethical behaviour that
arises from Agency Problems.

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