Pay special attention to the difference between these two models:**** Corporate Governance = power...

Question

Pay special attention to the difference between these two models:
**** Corporate Governance = power rests with owners or investors of a company
---> this goes along with the thinking about Property Rights
vs.
**** Stakeholder Theory = power should rest with all those concerned: employees, community, investors, customers, suppliers, etc
---> this goes along with the Social Institution Theory
Search for the Mission Statement of a company (any company that you wish) and analyze it by telling us if the Corporate Governance thinking applies or the Stakeholder Theory.
Answer these questions by posting on this discussion forum your answer of about 3 -5 sentences for each question responseQUESTION 1: Give us the name of the company that you selected for this discussion and its missions statement. Why did you select that company?QUESTION 2: What model applies to the mission statement of that company: Corporate Governance or the Stakeholder Theory? And why?

week-8-reading-material-1w0ymnws.pdf

Moumita · Accepted Answer

Running Head: Business Ethics								1
Business Ethics										5
BUSINESS ETHICS
Table of Contents
The mission statement of Woolworths	2
Answer to question 1	2
Answer to question 2	2
References	4
The Mission Statement of Woolworths
The mission of Woolworths is to provide the best services to its customers. However, the mission statement of Woolworths exposes that they provide the best convenience, value and quality products for their customers. At the same time, Woolworths stated that they have employed more than 200 team members who are employed to provide the best services to its customers. As suggested by Jones, Wicks & Freeman,

Pay special attention to the difference between these two models: **** Corporate Governance = power rests with owners or investors of a company ---> this goes along with the thinking about Property...

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