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When do Managers act in terms of the owners?. A conceptual analysis of the multi-level-rationality problem

Автор:   Huelya G.
мягкая обложка
76 страниц
2010 год
Издательство:   Книга по Требованию
Цена:
2005 руб
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Описание:This includes decisions which may decrease managers' social reputation and induce them to act in terms of the owners. In this context this thesis aims to analyse under which conditions managers really act in terms of the owners. Principal-Agent-Theory and the economic and social model of human behaviour as described by Zintl (1986) are combined to analyse managers' behaviour in different legal structures of the company and different social and financial conditions of the managers. To do so, managers have to behave economically rational in terms of the owners, that is, the manager has to choose the best option from a purely monetary and sustainable perspective. The behaviour of managers' who are solely executives as well as of shareholders who are executives at the same time will be determined. Therefore, the question which arises in this context is, when do managers act in terms of the owners. Managers are supposed to secure the existence of the company and to maximize the profits or shareholder value respectively. However, one of the greatest controversies at present, the subprime crisis, is an example for managers abusing their power.


Orthomol Immun Junior Сила иммунитета на страже Вашего ребенка

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Thanks For The Memories

Cyndy was forced to watch and then someone, usually Lasorda, would tell her she wasn't good enough or enough of a woman for Steve. They told her she was stupid and backward. Then Lasorda slapped her across the face really hard. I don't know why they did that, but they did it to me also and I watched other women get slapped often. While this was going on, Steve was laughing sadistically. Cyndy looked like she wasn't really "there." Soon after, Tommy Lasorda took her out and sat her behind the dug out where she usually sat during the games — being the dutiful and supportive Dodger wife. On nights like these, Tommy gave the press orders not to talk to or interview Cyndy. He told them if they did he would have them thrown out of the ballpark and he would have their job. If they asked why, he would say, "She's not quite herself tonight." In line with the information about Project Monarch, some rich people actually own certain Dodger players and their children. Often it's cryptically called "sponsoring," but it's really ownership (much like owning a racehorse) because the owner makes all the decisions about the players life without the knowledge or consent of the player ...»

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