Difference between revisions of "Shareholder Theory"
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| − | Shareholder theory equates to an influential view on the role of business in society which pushes the idea that the only responsibility of managers is to serve in the best possible way the interests of shareholders, using the resources of the corporation to increase the wealth of the latter by seeking profits. According to this theory, such behavior, done within the constraints of law and without deception or fraud, would be beneficial for society as a whole. Within this theory corporate social responsibility is defined in purely economic profit making terms.<ref>Definition of Sareholder Theory [https://link.springer.com/referenceworkentry/10.1007%2F978-3-642-28036-8_31 Branco Manuel Castelo]</ref> | + | [[Shareholder]] theory equates to an influential view on the role of [[business]] in society which pushes the idea that the only responsibility of managers is to serve in the best possible way the interests of shareholders, using the resources of the corporation to increase the wealth of the latter by seeking profits. According to this theory, such behavior, done within the constraints of law and without deception or fraud, would be beneficial for society as a whole. Within this theory corporate social responsibility is defined in purely economic [[profit]] making terms.<ref>Definition of Sareholder Theory [https://link.springer.com/referenceworkentry/10.1007%2F978-3-642-28036-8_31 Branco Manuel Castelo]</ref> |
Latest revision as of 18:20, 6 February 2021
Shareholder theory equates to an influential view on the role of business in society which pushes the idea that the only responsibility of managers is to serve in the best possible way the interests of shareholders, using the resources of the corporation to increase the wealth of the latter by seeking profits. According to this theory, such behavior, done within the constraints of law and without deception or fraud, would be beneficial for society as a whole. Within this theory corporate social responsibility is defined in purely economic profit making terms.[1]
References
- ↑ Definition of Sareholder Theory Branco Manuel Castelo