Stakeholder Concerns Corporate Management - 1619 Words

Stakeholder Concerns Investors For most investors, the primary concern is profit on their Calfrac investment. However, a certain group of investors also consider social good as an issue of great importance and as a result, practice social investing. Another major concern for an overwhelming majority of investors is the amount of risk they take on. These investors consider the amount of risk an ownership stake in a company entails and choose not to invest in companies that are over exposed to a single industry, have a track record of inefficient management or are operating in a dying industry etc. Calfrac has recently disclosed that its board of directors have approved a $12 million plan to further the expansion in Latin America (Healing, 2015). This shows that Calfrac’s management is committed to making the company more valuable thus satisfying the investors’ need for a strong ROI. The expansion also reduces Calfrac’s risk due to the fact that it is becoming more diversified and won’t take substantial losses in case one of its regional operations face a downturn. To satisfy ethical investors, Calfrac has taken a strong lean towards corporate social responsibility. The company makes an effort to reduce its environmental footprint through the use of efficient technology and was recognized by United Way as a â€Å"Community Builder† in 2014, further increasing Calfrac’s reputation as a socially responsible company. Employees Some of the concerns for employees include opportunitiesShow MoreRelatedCorporate Governance and Financial Performance739 Words   |  3 PagesCORPORATE GOVRERNANCE AND FINANCIAL PERFORMANCE CASE STUDY: ROOFINGS GROUP 1.0 INTRODUCTION Corporate governance is concerned with ways in which all parties interested in the well-being of the firm (the stakeholders) attempt to ensure that managers and other insiders take measures or adopt mechanisms that safeguard the interests of the stakeholders. Such measures are necessitated by the separation of ownership from management, an increasingly vital feature of the modern firm. A typical firmRead MoreAccountability Is An Essential Ingredient Of Corporate Governance1242 Words   |  5 PagesAbstract Accountability is an essential ingredient of corporate governance, and indeed is the reason for any corporate governance set up. This paper discusses the ways in which accountability contributes to corporate governance and vice versa, and the mechanisms by which organizations may become more accountable and transparent. Corporate governance and accountability are often interrelated in organizations and provides a focus for business practices that promote fairness, ethical behavior, andRead MoreRanking the Key Principles of Corporate Governance1579 Words   |  7 Pageson ranking of the key principles of corporate governance. The topic will be covered from the perspective of Australian listed companies, which are subject to regulation by the Australian Securities Exchange (ASX). The ASX Corporate Governance Council defines corporate governance as â€Å"the framework of rules, relationships, systems and processes within and by which authority is exercised and controlled in corporations† (ASX 2007 p3). The latest ASX Corporate Governance Council report (ASX 2007)Read MoreKey Tips For A Generous Financial Donations1495 Words   |  6 PagesTIPS (1)Community Stakeholders a. Generous financial donations b. Innovative giving c. Support for education and job training programmes d. Direct involvement in community projects and affairs e. Community volunteer programmes f. Support for the local community g. Campaigning for environmental and social change h. An employee-led approach to philanthropy i. Efficient and effective community activity j. Disclosure of environmental and social performance (2)Environment Stakeholders a. EnvironmentalRead MoreStakeholder Theory and Competing Concept1707 Words   |  7 PagesIntroduction Stakeholder theory was given by R. Edward Freeman, which was expressed many ways to represent the stakeholder as an important part of the corporate responsibility. According to Stenberg (1996), this stakeholder theory, is basically not capable to provide better corporate governance. He also stated that, this theory is unable to provide a better view of business performance (Edward Reed, 1983). Currently, the stakeholder theory has been grown up from its origin and seen as the conceptRead MoreEssay on Company Q’s Attitude Toward Social Responsibility1365 Words   |  6 Pagestoward the outdated shareholder model, rather than the stakeholder interaction model of corporate governance, as well as a significant lack of concern for the fundamental wellbeing of some of its primary stakeholders. Arguably, however, even the shareholders themselves may ultimately be frustrated in realizing the maximum potential return on their investment in this company due to lost opportunities as a result of Company Q’s poor corporate citizenship and failures to achieve social responsibilityRead MoreRepresentation Of A Stakeholder From A Corporation1493 Words   |  6 PagesAbstract Within a company, a stakeholder is a person who has a specific interest in a project or ventures that exist within. Typically, the primary stakeholder of a major corporation is the employers, customers, suppliers, and even investors (2012 Report on Sustainable and Responsible Investing Trends in the United States, 2012). However, with a more modern and contemporary premise the more conservative idea to embrace other stakeholders to include people from the community, representatives of theRead MorePreventing Conflict And Ethical Issues1596 Words   |  7 Pagesaccomplish the wealth in the finest concern of the stockholders (Boshkoska, 2015). In such kind of establishments, clash of importance may happen amid the supervisors as well as the stockholders. Having additional data regarding the function of the organization, chiefs may utilize it in settling on choices for their own advantage, which then again can t be as useful for the shareholders. Irreconcilable circumstance for interes t amid supervisors and stakeholders prompts supposed organization conflictRead MoreApple, Inc. : An American International Corporation Essay718 Words   |  3 Pagesservices and personal computers. The purpose of Apple, Inc. is to uphold and endure their quality. The company and the current market circumstances in which Apple, Inc. manages change swiftly and these variations have dictated rapid fluctuations in management. (Successful Companies, 2016). There most successful products would include Apple TV, the OSX, iPod/iPhone and Mac amid other products. Apple products are to be unique and of high quality and services. Apple products are very unique in nature byRead MoreStakeholder Conflicts Essay1073 Words   |  5 PagesStakeholder Conflicts in Organizations Chris Lindquist Grand Canyon University: ORG-807 June 25, 2013 Introduction This paper will discuss how non-profit and for-profit organizations manage the interests, opinions, and concerns of their stakeholders. Additionally, this paper will address the management differences that exist between for-profit and non-profit organizations. A set of research questions will be presented to research the effectiveness of the management techniques employed