Question

Kenny told you that he is a newly appointed Director of his father's company and he has a responsibility to focus only on the benefits of the company's shareholders. Kenny said "taking care of shareholders' interest is the utmost factor to upholding good corporate governance." Discuss whether or not you support the Kenny's point view.

Answer 1

I fully support Kenny's point of view regarding the importance of prioritizing the interests of the company's shareholders. As a newly appointed Director, it is his duty to ensure that the shareholders' investments are protected and their returns are maximized. By focusing on shareholder value, he is contributing to the overall success and sustainability of the company. This approach aligns with the principles of good corporate governance, as it emphasizes accountability and responsible decision-making. It is crucial to prioritize the interests of shareholders while also considering the broader impact on other stakeholders.

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