Shareholders' versus management's interest: A review
Shareholders are basically owners of their corporations who elect corporate directors (who are policy makers) and employed corporate management (who implement corporate policies). In modern businesses, due to the large number and dispersion of shareholders, control is normally vested to professional...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Universiti Utara Malaysia
1992
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| Online Access: | https://repo.uum.edu.my/id/eprint/913/1/Shamsher_Mohamad.pdf |
| _version_ | 1803624206390263808 |
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| author | Mohamad, Shamsher Md. Nassir, Annuar |
| author_facet | Mohamad, Shamsher Md. Nassir, Annuar |
| author_sort | Mohamad, Shamsher |
| collection | UUM |
| description | Shareholders are basically owners of their corporations who elect corporate directors (who are policy makers) and employed corporate management (who implement corporate policies). In modern businesses, due to the large number and dispersion of shareholders, control is normally vested to professional managers who may pursue actions in their own self-interest rather than those of the shareholders. This paper reviews various ways managers are perceived to deviate from the shareholders' wealth maximisation objective, and the possible methods and constraints involved of aligning management's and shareholders'interest. |
| first_indexed | 2024-07-04T05:14:42Z |
| format | Article |
| id | uum-913 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T05:14:42Z |
| publishDate | 1992 |
| publisher | Universiti Utara Malaysia |
| record_format | dspace |
| spelling | uum-9132015-06-28T02:47:42Z https://repo.uum.edu.my/id/eprint/913/ Shareholders' versus management's interest: A review Mohamad, Shamsher Md. Nassir, Annuar HD28 Management. Industrial Management Shareholders are basically owners of their corporations who elect corporate directors (who are policy makers) and employed corporate management (who implement corporate policies). In modern businesses, due to the large number and dispersion of shareholders, control is normally vested to professional managers who may pursue actions in their own self-interest rather than those of the shareholders. This paper reviews various ways managers are perceived to deviate from the shareholders' wealth maximisation objective, and the possible methods and constraints involved of aligning management's and shareholders'interest. Universiti Utara Malaysia 1992 Article PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/913/1/Shamsher_Mohamad.pdf Mohamad, Shamsher and Md. Nassir, Annuar (1992) Shareholders' versus management's interest: A review. Malaysian Management Journal, 1 (1). pp. 77-85. ISSN 0128-6226 http://ijms.uum.edu.my |
| spellingShingle | HD28 Management. Industrial Management Mohamad, Shamsher Md. Nassir, Annuar Shareholders' versus management's interest: A review |
| title | Shareholders' versus management's interest: A review |
| title_full | Shareholders' versus management's interest: A review |
| title_fullStr | Shareholders' versus management's interest: A review |
| title_full_unstemmed | Shareholders' versus management's interest: A review |
| title_short | Shareholders' versus management's interest: A review |
| title_sort | shareholders versus management s interest a review |
| topic | HD28 Management. Industrial Management |
| url | https://repo.uum.edu.my/id/eprint/913/1/Shamsher_Mohamad.pdf |
| work_keys_str_mv | AT mohamadshamsher shareholdersversusmanagementsinterestareview AT mdnassirannuar shareholdersversusmanagementsinterestareview |