Week 6 Discussion Question



Week 6 Discussion Question

Introduction

In the light of the present financial crisis, many stakeholders in private firms are taking into consideration whether the directors of the firms in which they have invested can be held responsible for their measures. In England and Wales there are two ways open to stakeholders to look to equalize: a minority discrimination act whereby a stakeholder litigates the mainstream stakeholder or stakeholders who manage the business or a derived act where the stakeholder litigates the corporation administrators on behalf of the firm. It was considered that the obligation of broader accountabilities ...