留学生硕士论文 英国论文 日语论文 澳洲论文 Turnitin剽窃检测 英语论文发表 留学中国 欧美文学特区 论文寄售中心 论文翻译中心

Bussiness ManagementMBAstrategyHuman ResourceMarketingHospitalityE-commerceInternational Tradingproject managementmedia managementLogisticsFinanceAccountingadvertisingLawBusiness LawEducationEconomicsBusiness Reportbusiness planresearch proposal


ResumeRecommendation LetterMotivation LetterPSapplication letterMBA essayBusiness Letteradmission letter Offer letter



英语论文开题报告英语毕业论文写作指导英语论文写作笔记handbook英语论文提纲英语论文参考文献英语论文文献综述Research Proposal代写留学论文代写留学作业代写Essay论文英语摘要英语论文任务书英语论文格式专业名词turnitin抄袭检查









论文作者:www.51lunwen.org论文属性:作业 Assignment登出时间:2017-05-12编辑:cinq点击率:1603

论文字数:2000论文编号:org201705121132535333语种:英语论文 English地区:美国价格:免费论文




I believe that shareholder wealth maximization is important. But it can not be set as the superior objective over the stake holder's interests.

We are here and there working and running the business with surrounding peoples/facts. As such, we need to care how good/or bad effects might be happened thanks to/ due to our business.

According to the shareholder theory,'shareholders provide the capital required to keep the company going'.( Andrew Keay,p.663).And 'Maximising shareholder wealth means maximising the flow of dividends to shareholder through time' (Glen Arnold,p.13). From a long-term perspective, maximising the shareholder value maximises the value of the firm(Sundaram and Inkpen, 2004b, p.371). The shareholder plays a pivotal role in the deliverance of firm value however they are not the only constituent nor is profit maximisation the only purpose of the firm (Freeman et al., 2004)

Unlike shareholder theory,the stakeholders are usually consist of: shareholders/investors, suppliers, clients/customers, employees, local communities, government/authorities or 'any group or individual who can affect or is affected by the achievement of the organisation's objectives' Freeman (1984, p.46).In Freeman's original work, as cited in Freeman (1999, p.234), suggests, 'if organisations want to be effective, they will pay attention to all and only those relationships that can affect or be affected by the achievement of the organisation's purpose'.

And all of these are set under the global environment which is becoming the hot issue recently in all over the world. As the responsible citizen/company, in every daily plan and action, we need to put our attention on this matter.

Upon studying Marks&Spencer's annual report 2010, here and there, we can easily pick up their quality orientation policy & activities, such as:

Sell high quality, great value clothing, outstanding quality food

Commited to building a world-class retailer

Managed cost prudently, listened and responded to customers' changing need

Stayed true to the core values

And on the top of that, we can find in the annual report all the words and phrases relating to better quality performance. Concretely: Quality, Innovation, Service, Trusta|..

Furthermore, we can clearly recognize how good Marks&Spencer follow this idea through their launching of 'Your Green idea' in last March. Accordingly, they run the 'Green actions' for helping the environment.

Of course, the profit issues should also been care clearly with strong and solid backed up with clear data base to be transparent to every stakeholders. But it is the issue following the 'right thing' policy.' If we do the right thing, the right way then the business will be successful' ( Marks&Spncer annual report 2010,p.46)

Any company, such as Marks&Spencer has the right to be proud of their long history. Because the long history (here is 125 years) means that they have s论文英语论文网提供整理,提供论文代写英语论文代写代写论文代写英语论文代写留学生论文代写英文论文留学生论文代写相关核心关键词搜索。

共 1/5 页首页上一页12345下一页尾页

英国英国 澳大利亚澳大利亚 美国美国 加拿大加拿大 新西兰新西兰 新加坡新加坡 香港香港 日本日本 韩国韩国 法国法国 德国德国 爱尔兰爱尔兰 瑞士瑞士 荷兰荷兰 俄罗斯俄罗斯 西班牙西班牙 马来西亚马来西亚 南非南非

   Europe (24-hours)
   china (24-hours)