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Showing posts from 2009

A Stakeholder Theory of The Modern Corporation

Stakeholders are the groups who have a stake or claim in the firm. Specially included suppliers, customers, employees, stockholders, and the local community, as well as management in its role as an agent for these   groups. Each of these stakeholder groups has a right not to be treated as a means to some end, and therefore must participate in determining the future direction of the firm in which they have a stake.   The Attack on Managerial Capitalism The legal argument The result of such changes in the legal system can be viewed as giving some rights to those groups that have a claim on the firm. It raises the question, at the core of the theory of the firm: in whose interest and for whose benefit should the firm be managed? The answer proposed by managerial capitalism is clearly “stockholders”, but the law has been progressively circumscribing the answer.   The economic argument The avoidance of competitive behavior on the part of firms, each seeking to monopolize a sma

Dana Peumakmu Gampong

Fund of Peumakmu Gampong represent a financial aid in Nanggroe Aceh Darussalam to build and develop the countryside. This program contained in Governor's Regulation(Pergub) number 25 year 2009 explaining about BKPG(Financial Aid of Peumakmu Gampong) or which more knewable in title Allocation of Fund of Gampong(ADG). This financial aid program in fact nicely if it is realized better,countryside can do more self-supporting in developing its region either the physical development like levying infrastructure or from non physical development like certain activity developing skill of its society. But in the fact, this fund oppositely become the new problem, the allocation of this fund still containing a lot of weakness, so that this Pergub is better to be revised. Some weakness that happened are : the late of fund liquefaction and unclarity of fund channeling and also how its management, whether arranged by certain institute or by local government of the countryside. Other weakness is t

The Utilitarian Theory

Utilitarianism is a theory of balancing that requires us to look at the impact of our proposed solution to ethical dilemmas from the viewpoints of all those who are included and affected. Based on the theory, we should think on all of side that affected by our action. We calculate and think about the advantages and the disadvantages of the action that will be done by us for us and for others. I do not agree with this utilitarian theory. Based on the book and several articles that I have read, this theory is more aimed to maximize personal gain, although it by justifying any ways (good ways and bad ways). Many examples of cases that occur, especially in business as recently occurred in which a children biscuit company, at first the were using high quality and best raw materials, but because of the economic global crisis that make the raw materials are more expensive than before, they use other materials which is not good enough for health to substitute the best raw materials

The violation of governor's wife

Arnold Schwazenegger is a governor in California. He is also known as a star of Terminator, one of the box office movies. There was a news about his wife who break the law, more than once at the same law. What is the purpose of his wife doing that? Does she want to be like her husband (famous and very popular)?-Just a kidding comment- Maria Kennedy Shriver, first lady’s office was caught by TMZ’s camera holding a cell phone while driving without using handsfree. In California, there is a law which ban the people using cell phone while on the wheel without using handsfree. Based on that law, of course the governor’s wife has done the violation. The more fatal one, Shriver drove her black SUV around a sharp right turn at a city intersection that way while she was on the phone. It’s not only endangering her, but also other people. The attitude which was showed by Arnold’s wife shows us that although she is a governor’s wife, it does not mean that she never breaks the law at all. T

My Opinion (about the statement of Qory Sandioriva)

My opinion about the statement of the winner of Puteri Indonesia 2009, Qory Sandioriva : “ saya menanggalkan jilbab saya dengan izin dari Pemda Aceh. Semoga keputusan saya bisa diterima ” on Friday (9/10/2009) " from " http://www.detikhot.com/re ad/2009/10/10/105951/12190 07/230/puteri-indonesia-20 09-berbohong-soal-jilbab ". : I don’t want to believe to her statement absolutely. The first reason is from the news side. On the news, we can assume that Qory is not consistent girl. So I am doubting of her statement. But if her statement is true, I have the second reason. Is it true that she has got the permission of the local government (Nanggroe Aceh Darussalam) to take her veil off? And if it’s also true, I have one question : Is the local government that she said in her statement the true local government, I mean all local government judicially, or just a few leader of local government who agree with her decision without any permission or compromise with other

Business Ethics in Our Society

Talking about business ethics of course it is connected to two words, that is ethics and business . Ethics here is not only about acting based on law, but higher than just a law. In the “ Business Ethics : Case studies and selected readings” (a book) Jennings said that ethical standards are not the standard of the law. In fact, they are a higher standard. Ethics is more than just common, or normative, standards of behavior. Ethics is honesty, fairness, and justice. From the definition above, we can take a conclusion that ethics is very important for our life. The existence of ethics not only preserve the others’s freshness but also give the advantages to whom acts ethically. The second keyword of business ethics is business . In his book entitled “ Business” , Ricky W. Griffin said that business is an organization which provides goods and services to obtain profit. From the definition of business itself , society often assume business as a “dirty” work, its mean if somebody want