Whose interests should directors prioritize when managing a company?

Saidov , Ibrakhim, Саидов , Ибрагим, Saidov, Ibrokhim

Жамият ва инновациялар / Общество и инновации / Society and innovations · 2024-yil

Annotatsiya

This article explores the ongoing debate about whose interests directors should prioritize when managing a company. Traditionally, corporate governance systems, particularly in the UK, have been dominated by the shareholder primacy model, which emphasizes maximizing shareholder wealth. However, this approach has been criticized by proponents of stakeholder theory. They argue that corporations should be held accountable for the social, environmental, and economic impacts of their activities, not just for making a profit. The article examines the key legal principles, theoretical approaches, and significant court cases that have shaped the field of management. It also examines the challenges of balancing shareholder and stakeholder interests and assesses the effectiveness of existing governance mechanisms for aligning directors' actions with broader corporate responsibilities.

Maqola ma’lumotlari
MualliflarSaidov , Ibrakhim, Саидов , Ибрагим, Saidov, Ibrokhim
JurnalЖамият ва инновациялар / Общество и инновации / Society and innovations
Nashr sanasi2024-07-15
Jild5
Son7/S
Betlar244-252
TilO‘zbek
DOI10.47689/2181-1415-vol5-iss7/s-pp244-252

Kalit so‘zlar

корпоративное управление, главенство акционеров, теория заинтересованных сторон, ответственность директоров, корпоративное право Великобритании, отношения принципал-агент, механизмы контроля и мониторинга, долгосрочная устойчивость, corporate governance, shareholder primacy, stakeholder theory, directors' liability, UK corporate law, principal-agent relationships, control and monitoring mechanisms, long-term sustainability, korporativ boshqaruv, aksiyadorlar ustuvorligi, manfaatdor tomonlar nazariyasi, direktorlar mas’uliyati, Buyuk Britaniya korporativ huquqi, prinsipal-agent munosabatlari, nazorat va monitoring mexanizmlari, uzoq muddatli barqarorlik

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