balancing stakeholders and shareholders
DESCRIPTION
Group Presentation for Course "Business Ethic & GCG"TRANSCRIPT
Good Corporate Government: Balancing Stakeholders and
ShareholdersAlmira Siagian 19009048Aryudho Mahardi 19009063M. Luthfihadi 19009134Astrid Saraswati 19009157Heldira Larashati 19009158Handry Marta Y 19009167
Corporate Government
• “The system by which companies are directed and controlled” (Cadbury Committee, 1992). More specifically framework by which the various stakeholder interests are balanced.
• Interaction between various participants in shaping corporation’s performance and the way it is proceeding towards.
Good Corporate Governance
• Transparency• Fairness• Accountability• Responsibility• Work Ethics
Good Corporate Government
System of structuring, operating and controlling a company such as to achieve:• Culture based on a foundation of business ethics• Fulfilling long-term strategic goal of the owners
while taking into account the expectations of the key stakeholders
• Maintaining proper compliance with all the applicable legal and regulatory requirements under company’s activities
What would be the relation between
“good corporate government” with the
balancing of “stakeholders and shareholders”?
Stakeholders and Shareholders
• Stakeholders:
Stakeholders and Shareholders (ctd.)
• ShareholdersOne who owns shares of stockin a corporation along witha right to declared dividendsand to vote on certaincompany matters.
Main concept:
Every corporation need to balance the needs of both stakeholders and
shareholders.
Shareholders Theory
VS
Stakeholders Theory
Case Studies
• http://www.detikfinance.com/read/2011/03/30/133551/1604703/5/citibank-tutup-rapat-kasus-penggelapan-dana-nasabah-oleh-md
• http://cetak.kompas.com/read/2011/03/30/04322366/citibank.dibobol.karyawan.sendiri
• http://metro.vivanews.com/news/read/212635-nasabah-tewas--bi-panggil-citibank