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Presentation 16 thg 6, 2023 13:00

MENU SCRIPT DETAIL OF PRESENTATION

Tung Opening Introduce about team and content 30s

Tung Introduction (1.5 mins)


Hello everyone, I'm Tung from group 12. Today,
we will have a discussion on the topic called
"corporate governance theories." Our presentation
consists of three parts. Before we begin, I will
explain to you about corporate governance and the
related theories. Corporate governance is the
system of rules, practices, and processes by which
a company is directed and controlled. It involves
balancing the interests of various stakeholders
such as shareholders, management, employees,
customers, and the community. Corporate
governance theories provide frameworks and
principles to guide organizations in achieving
effective governance and ensuring accountability.
Now, let's delve into the three parts of our
presentation.

Tung (3 mins)
Definition: Shareholder theory states that a
company's primary responsibility is to its
shareholders, who are the owners. The goal is
to generate profits and increase shareholder
wealth.

Maximizing Shareholder Value: The core


principle is to focus on actions and strategies
that enhance financial returns and long-term
value for shareholders.

Alignment of Interests: Shareholder theory


assumes that the interests of shareholders
and the company are aligned, as their financial
well-being is linked to the company's success.

Decision-Making and Corporate Governance:


Shareholder theory influences decision-making
in areas such as the role of the board of
directors, executive compensation, and
strategic evaluation. Decisions should be
evaluated based on their potential to benefit
shareholders.

Criticisms: Critics argue that shareholder


theory prioritizes short-term gains over long-
term sustainability and neglects the interests
of other stakeholders, such as employees and
the broader community.

Evolving Perspectives: There is a growing


recognition of the importance of a balanced,
stakeholder-centric approach to corporate
governance. Consideration of multiple
stakeholders ensures sustainable value
creation and responsible business practices.

Tung (2 mins)
Shareholder theory emphasizes the importance of
maximizing value for shareholders in corporate
decision-making. However, ongoing discussions
highlight the need for a more inclusive approach
that considers the interests of all stakeholders.
Striking the right balance will lead to sustainable
and responsible business practices. Thank you.

Huy Stakeholder (3 mins)


Theory, ● Shareholder theory is an ethical framework
Recognition of that prioritizes maximizing shareholder
multiple value as the primary goal of a corporation.
stakeholders ● Its principles include
and their ○ Shareholder Primacy
interests ○ Profit Maximization
○ Accountability and Transparency
○ Market Discipline
● Recognition of multiple stakeholders and
their interests
○ Customers
○ Employees
○ Shareholders/Investors
○ Suppliers

Huy Corporate 3 mins)


Social ● Definition and scope of CSR
Responsibility ○ Social Responsibility
(CSR) ○ Environmental Responsibility
○ Economic Responsibility
● Integration of social and environmental
concerns into business practices
○ Ethical Business Practices
○ Environmental Sustainability
○ Social Impact

Duc Benefits of (4 mins)


adopting CSR ● Benefits Of Corporate Social Responsibility
initiatives,Critic ○ Positive Business Reputation
isms and ○ Increased Sales
challenges of ○ Increased customer loyalty
implementing ○ Increased employee engagement
CSR ○ Competitive advantage
● Challenges of implementing CSR
○ Limited resources
○ No clear guidelines
○ Balancing profit and social
responsibility
○ Greenwashing
○ Complex supply chains

Duc Conclusion (2 mins)


In conclusion, our discussion today highlights the
importance of considering different perspectives
when developing corporate governance strategies.

By recognizing the interests of all stakeholders and


prioritizing ethical and socially responsible
practices.

We can create sustainable and successful


businesses that benefit shareholders and society
alike.

Minigame gimkit.com/join (5 mins)


Corporate Governance Theories: Definition and Purpose

I. Introduction
============ (MR.TUNG) tungnshe186794@fpt.edu.vn ============
● Hello ladies and gentlemen. it is my great pleasure to welcome you all to this
presentation on corporate governance theories. Today, we'll be exploring this
important topic in depth, discussing the various theoretical frameworks that
have emerged in recent years and their practical implications for businesses
worldwide.
● As we know, effective corporate governance is essential for ensuring the
long-term success of any organization. With so much at stake in today's
rapidly changing business landscape, it's more important than ever to
understand the key principles and best practices that underpin good
governance.

A. Definition and importance of corporate governance


● Corporate governance is a crucial aspect of modern business and plays a
vital role in promoting transparency, accountability, and ethical behavior
within organizations. It establishes the rules and guidelines for how
companies should be managed and controlled, and helps to safeguard the
interests of all stakeholders involved.

B. Role of corporate governance in ensuring effective


management and accountability
● So, Effective corporate governance is essential for ensuring that companies
are well-managed and accountable, and that they operate in a way that
benefits all stakeholders over the long term.

II. Body
1, Shareholder Theory
A. Definition and principles of shareholder theory

● In my presentation We’ll focus on three major issues. The first is Shareholder


Theory. Plus, Stakeholder Theory. The last one is Corporate Social
Responsibility (CSR)
B. Focus on maximizing shareholder value and wealth

C. Criticisms and limitations of shareholder theory

============ (MR.HUY) huyudqhs181020@fpt.edu.vn ============

2, Stakeholder Theory
A. Definition and principles of stakeholder theory

● Stakeholder theory is a concept that recognizes the importance of different


individuals and groups, known as stakeholders, who have certain interests or
are affected by actions and decisions. of an organization.
● Its principles include:
○ Stakeholder identification:
■ Organizations identify and acknowledge all stakeholders with
a legitimate interest in or affected by their activities.

○ Stakeholder perspective:
■ Organizations consider the needs, expectations, and concerns
of different stakeholders.
○ Stakeholder engagement :
■ Organizations actively engage with stakeholders through
surveys, consultations, and direct communication.
○ Ethical responsibility:
■ Organizations act ethically and fulfill obligations towards
stakeholders.

B. Recognition of multiple stakeholders and their interests

Recognizing multiple stakeholders and their interests is an essential aspect of


effective decision-making, problem-solving, and overall organizational
management. Include:

● Customers:
○ Interested in high-quality products/services
○ Competitive pricing
○ Convenience, and positive experiences.
● Employees:
○ Interested in fair compensation
○ Career growth, safe and supportive work environment
● Shareholders/Investors:
○ Interested in a return on investment, dividends,
○ Long-term company growth and good corporate governance.
● Suppliers:
○ Interested in fair and timely payment
○ Long-term business relationships
○ Clear communication

C. Balancing the interests of various stakeholders

● Balancing the interests of various stakeholders is a critical aspect of effective


decision-making and management.Here are some key principles and
strategies for balancing the interests of various stakeholders:
○ Understand stakeholder perspectives:Gather their input and
understand their perspectives, expectations, and desired outcomes.
○ Analyze and reconcile conflicting interests: Look for win-win solutions
to problems.
○ Transparency and open communication: Keep them informed about
decisions, progress, and any changes that may affect them.
○ Consensus building and negotiation: Seek compromises that align
with the overall objectives of the project or organization.

3, Corporate Social Responsibility (CSR)


A. Definition and scope of CSR

● CSR stands for Corporate Social Responsibility, which says a company


should seek not only to make a profit but also to make a positive impact on
the community and the environment.
● The scope of CSR includes the following aspects:
○ Social Responsibility: It can include initiatives related to education,
healthcare, community development
○ Environmental Responsibility: It involves adopting sustainable
practices, reducing greenhouse gas emissions, conserving resources,
managing waste responsibly.
○ Economic Responsibility: It can involve creating employment
opportunities, supporting local businesses, and fostering innovation.

B. Integration of social and environmental concerns into business practices

● It involves adopting policies and practices that go beyond profit-making and


take into account the impact of business operations on society and the
environment. Include:
○ Ethical Business Practices: This includes promoting transparency,
avoiding corruption, and respecting human rights throughout the
supply chain.
○ Environmental Sustainability: Adopting practices that minimize the
negative impact on the environment.
○ Social Impact: This can include initiatives such as community
development projects, charitable giving.

============ (MR.DUC) ducnmhe180274@fpt.edu.vn ============

C. Benefits of adopting CSR initiatives

● Thank you, Speaker 2. Next, I'll be discussing corporate social responsibility


(CSR). CSR is the integration of social and environmental concerns into
business practices.
● Adopting CSR initiatives brings benefits such as improved reputation and
customer loyalty.
● Positive Business Reputation
○ CSR builds a positive business reputation.
○ Demonstrating commitment to social and environmental issues helps
establish trust with customers, employees, investors, and the public.
○ Increased brand recognition, positive media coverage
○ improved public perception.
● Increased Sales And Customers

D. Challenges of implementing CSR


● Implementing Corporate Social Responsibility (CSR) programs has its
challenges. Some of the common problems include:
○ Limited resources:
■ It can be hard for companies to find enough money and other
resources to put into CSR
■ Especially if they work in competitive industries with small
profits.
○ No clear guidelines:
■ There aren't any agreed-upon rules for CSR.
■ This makes it tough for companies to know what to do and how
to measure their actions.
■ Without clear guidance, implementing CSR can become
confusing and inconsistent.
○ Balancing profit and social responsibility:
■ Some people believe that CSR takes away from a company's
focus on making money.
■ They feel that companies should only focus on generating
profit for shareholders.
○ Greenwashing:
■ Some businesses falsely claim they are environmentally
friendly in order to look good to customers.
■ This is called greenwashing, and it undermines the true
purpose of CSR.
○ Complex supply chains:
■ Large companies that have many suppliers and partners may
find it difficult to make sure everyone follows ethical and
sustainable practices.
■ Especially if they are working in countries without strong
regulations.

III. Conclusion
A. Summary of the main ideas discussed
● In conclusion, our discussion today highlights the importance of considering
different perspectives when developing corporate governance strategies.
● By recognizing the interests of all stakeholders and prioritizing ethical and
socially responsible practices.
● We can create sustainable and successful businesses that benefit
shareholders and society alike.

B. Mini game

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