â€˜Stakeholder theory is vacuous and offers an unrealistic view of how organizations operateâ€ (Brayden, 2006). Do you agree with Braydenâ€s position? Discuss the statement with reference to relevant theories and examples.
Bower and Paine (2017) argue that the obsession with maximizing shareholder value reflects â€˜a failure at the heart of corporate leadershipâ€. Do you agree or disagree with their position? Outline and discuss their arguments drawing on relevant theoretical approaches to shareholder value.
â€˜It pays to be good but not too good.â€ Discuss this statement with reference to contemporary challenges of global governance, such as climate change and corporate tax avoidance.
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