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Showing posts from November, 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