Applying Agency Theory and Corporate Governance Perspectives: Alternatives to Profit Maximization as an Objective in Business Management

Abstract: This 7 page paper provides an overview of the essential components of both agency theory and corporate governance perspectives as a means of understanding the alternatives to profit maximization as an objective in business management. This paper demonstrates the most effective application of these theories as a base for determining the actions of management in shaping a view of the company. In correlation, this paper also considers the problems that stem from simple profit maximization, a technique used by management to determine the value/status of a company, but which does not always reflect the most effective process for maintaining the overall stability of operations. Bibliography lists 7 sources.

Filename: MHprofit.wps

Pages: 7

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Subcatagory: Not Defined

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