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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...

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Main Authors: Mohamad, Shamsher, Md. Nassir, Annuar
Format: Article
Language:English
Published: Universiti Utara Malaysia 1992
Subjects:
HD28 Management. Industrial Management
Online Access:http://repo.uum.edu.my/913/1/Shamsher_Mohamad.pdf
http://repo.uum.edu.my/913/
http://ijms.uum.edu.my
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spelling my.uum.repo.9132015-06-28T02:47:42Z http://repo.uum.edu.my/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 http://repo.uum.edu.my/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
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Institutionali Repository
url_provider http://repo.uum.edu.my/
language English
topic HD28 Management. Industrial Management
spellingShingle HD28 Management. Industrial Management
Mohamad, Shamsher
Md. Nassir, Annuar
Shareholders' versus management's interest: A review
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.
format Article
author Mohamad, Shamsher
Md. Nassir, Annuar
author_facet Mohamad, Shamsher
Md. Nassir, Annuar
author_sort Mohamad, Shamsher
title Shareholders' versus management's interest: A review
title_short 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_sort shareholders' versus management's interest: a review
publisher Universiti Utara Malaysia
publishDate 1992
url http://repo.uum.edu.my/913/1/Shamsher_Mohamad.pdf
http://repo.uum.edu.my/913/
http://ijms.uum.edu.my
_version_ 1644277890353725440
score 13.211869

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