The Analysis of Shareholder Theory and Stakeholder Theory
In corporate governance theory, there are two kinds of arguments. One is a firm should focus on the shareholder wealth maximization, which is called theory of shareholder. Another one is a firm should focus on not only the interest of shareholders, but also employees, suppliers, local communities, which is called theory of stakeholder. This article will discuss these two arguments in four parts. The first part is an introduction of the two arguments. The second part is analysis of shareholder theory. The third part is analysis of stakeholder theory. The fourth part is a conclusion to express the author opinion.
corporate governance shareholder theory stakeholder theory
Yanru Zhang
Xiaoshan science & technology college, Zhejiang Ocean University, Hangzhou, 311258, China
国际会议
武汉
英文
90-92
2011-10-17（万方平台首次上网日期，不代表论文的发表时间）