Search results
Results From The WOW.Com Content Network
Clients are the base of any strategy according to Ohmae. Therefore, the primary goal is supposed to be the interest of the customer and not those of the shareholders for example. In the long run, a company that is genuinely interested in its customers will be interesting for its investors and take care of their interests automatically.
Real stakeholders, labelled stakeholders: genuine stakeholders with a legitimate stake, the loyal partners who strive for mutual benefits. Stake owners own and deserve a stake in the firm. Stakeholder reciprocity could be an innovative criterion in the corporate governance debate as to who should be accorded representation on the board.
All shareholders are stakeholders, but not all stakeholders are shareholders.
The establishment of clear wording to "consider stakeholder interests" in company articles of incorporation or company by-laws. [23] Define "stakeholders" as their employees, the community, the environment, suppliers, customers, as well as existing shareholders. [23] [24] No prioritization of one stakeholder over another. [25]
Customers are by far the hardest stakeholder to keep happy. You've got lots of competitors, you have to have all these interactions with customers and sometimes people have a bad day and they say ...
Corporate responsibility is a term which has come to characterize a family of professional disciplines intended to help a corporation stay competitive by maintaining accountability to its four main stakeholder groups: customers, employees, shareholders, and communities.
The core of 4Cs is the corporation itself (company and non profit organization) Other elements include competitors, organizations, and stakeholders within the corporation. The company has to think of compliance and accountability as important. The competition in the areas in which the company competes with other firms in its industry.
A constituency statute is a term in US corporate law for a rule that requires a board of directors to pay regard to the interests of all corporate stakeholders in their decision making. A constituency statute is intended to give directors of corporations the discretion to balance the interests of stakeholders, rather than have to solely focus ...