Chapter_11_Owners_as_Responsible_Stakeholders

Chapter_11_Owners_as_Responsible_Stakeholders - BUS306002

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BUS 306-002  Ethics in Decision Making Chapter 11:  Owners as Responsible Stakeholders George Z. Peng
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Learning Objectives Owners or shareholders are a key stakeholder  in the business system.  Many owners are not exerting more influence  over managers with regards to the ethics and  responsibilities of business.  This chapter is devoted to owners and the role  they play in influencing the corporation to be  responsible.
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Chapter Outline The Ownership of Canadian Business Individual, Direct Ownership Individual, Indirect Ownership Corporate Ownership Non-profit Organization Ownership Government Ownership Ethics and Responsibility Issues of Ownership Protecting Owners and Investors Responsible Investing
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11.1 The Ownership of Canadian Business Owners tend to be viewed as homogeneous  having the same interests.  In reality, there are different types of owners  and owners have different objectives  especially towards the social responsibility of  the corporation.
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Owners of Canadian Business Financial  Intermediaries /  Institutions
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11.2 Individual, Direct Ownership Investors are individuals who personally hold equity  interests for investment purposes and who are not  involved in the corporation as entrepreneurs or  managers (about 46 percent of Canadians are  shareholders). Employee  owners: (1) employee share ownership  plan (ESOP); (2) worker cooperative. Customer  owners: (1) mutual company (no  shareholders, owned by customers); (2)  demutualization (shares issued to policy holders)
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11.3 Individual, Indirect Ownership Indirect owners (intermediary institute  exists in which investments are made)  include: mutual and pension funds; trusts;  and unions. Mutual fund
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This note was uploaded on 10/12/2010 for the course BA 306 taught by Professor Z during the Spring '10 term at American University of Central Asia.

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Chapter_11_Owners_as_Responsible_Stakeholders - BUS306002

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