Work detail

Corporate Governance: Stakeholder versus Shareholder Value

Author: Mgr. Catherine Fahadová
Year: 2004 - summer
Leaders: doc. Ing. Ondřej Schneider MPhil., Ph.D.
Consultants:
Work type: Finance and Banking
Masters
Language: English
Pages: 100
Awards and prizes:
Link:
Abstract: The focus of this thesis is comparing the two main approaches to corporate governance, namely the stakeholder and the shareholder concept. After some general defnitions and theory, we look at the history and current practice of corporate governance in the United States and Germany. Further, based on the concept of complementarity and consistency, we will show why we disagree with the hypothesis of a "natural" tendency for convergence of the two corporate governance systems. Finally, we try to classify the state of Czech corporate governance according to the same cri-
teria we use to classify a system as being more shareholder or stakeholder oriented
Downloadable: Diploma Thesis - Fahadová

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