This preview shows pages 1–3. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: shareholders. Stakeholder value principle The worth of an organization is measured by a combination of financial success, usefulness to society, and satisfaction of employees. A middle ground Managers have multiple constituencies (shareholders, society, employees), but should manage relationships with them by considering the implications for the long-run interests of the shareholders. ACCY 302 (Farrell) Spring 2010, Class 04 3...
View Full Document
This note was uploaded on 09/25/2010 for the course ACCY 302 taught by Professor Chen during the Fall '09 term at University of Illinois at Urbana–Champaign.
- Fall '09