Role of stakeholders in the corporate governance process
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February 19, 2014
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1 / 259
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Board members are expected to consider stakeholder interests while employees have the right to nominate and vote for board members or even have an employee sit on the board. Also, employees are often made shareholders of the organization in order to give them the power to elect the board and give them a sense of ownership in the company...
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Both companies suffered from failed risk management due to a lack of communication and management within the organization. Because of this TRG Marketing executives were able to embezzle and racketeer money without the board or employees of either TRG Marketing, TRG Administration or TRG Health Plan.
One of the opportunities enjoyed by CareNetWest is that their accountant was independent from the company...
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