To What Extent should Director Stake Account of the Interests of Stake Holders?
| dc.contributor.author | Tawil ,Tareq Na’el | |
| dc.date.accessioned | 2023-09-19T13:07:27Z | |
| dc.date.available | 2023-09-19T13:07:27Z | |
| dc.date.issued | 2017-01-17 | |
| dc.description | As the corporate world continues to develop, there are various contentious issues concerning business operations that have come up as a result of these developments. An organization is no longer considered a simple non-entity designed for profitability; it also has duties and responsibilities to the public that it is expected to uphold as well as its financial objectives (Crowther, 2008). These obligations are carried out by directors who are tasked with the management of the organizations, and it is up to them to consider what decisions are best available in various situations (Schreck, 2009). One of the main topics that have risen in the business world with regard to the running of a business entity is the duties and responsibilities related to the operations of an organization. Directors have been faced with the question of where their duties lie with reference to the success of the business and related groups who may be affected by the decisions that they make. One of these groups, in particular, is the shareholders who hold a majority interest in the businesses as a result of their investment (May, 2007). The question whether these stakeholders should be the main focus of directors when discharging their duties and responsibilities or whether other groups should be included in the equation has been a major talking point for many years | |
| dc.description.abstract | This paper aims to make the argument that the role of directors is to protect the company and shareholders as well the interests of other external parties. The two parties offer individual and group support to the organization in fulfilling the management policies. They, therefore, must work hand in hand. Directors must respect the interests of the external parties who also have a role to play in the company. From the principles of corporate governance, they all provide inclusive roles and responsibilities for shareholders and stakeholders who both contribute to the achievement of the policies in the organization. Keywords Corporate Social Responsibility, Shareholders, Corporate Governance. | |
| dc.identifier.citation | Na, T. (2017). To What Extent should Director Stake Account of the Interests of Stake Holders?. European Journal of Social Sciences, 54(1), 56-62. | |
| dc.identifier.uri | https://dspace-uat.adu.ac.ae/handle/1/7 | |
| dc.language.iso | en | |
| dc.publisher | Contract Law | |
| dc.title | To What Extent should Director Stake Account of the Interests of Stake Holders? | |
| dc.type | Article |