Stakeholders versus shareholders

I had an interesting comment exchange with Kit the other week about maximizing shareholders profits versus balancing stakeholders interests - one involves a strictly bottom line business approach while the other means considering the needs of all the players that affect your business (i.e. customers, employees, or suppliers BESIDES the shareholders).

Here is a very nice exemplification of the latter coming from an interview with Craig List's CEO, one of the few internet companies that surviveed the dotcom bubble. He says that "Management has a fiduciary responsibility to its shareholders. That much is true. But there's nothing to say the company needs to maximize profit at the expense of other goals."

Do you have anything to say? Fill in the below
(required)

(required)

Your email address will be confidential and spam protected


...in case you have one



(required)

please type the word you see in the above picture.


Text Html