Investigating the Ethical and Legal Bases of the Central Beneficiary and the Central Shareholder in Joint Stock Companies

Message:
Article Type:
Review Article (دارای رتبه معتبر)
Abstract:
Background

Today, commercial activities have become more complex and complex than in the past, and for this reason, it has become a category with more sensitivities. One of the dimensions of trade sensitivity in the present age is related to the type of allocation of trade interests and beneficiaries of these interests. In the past, only family businesses and businesses benefited from the benefits of doing business. This theorem forms the basis of the pivotal theory. Today, however, this has changed the course and different sections of society, due to their role and function in increasing the profit and productivity of corporate business, are considered the beneficiaries of corporate business. This theorem also forms the basis of the central stakeholder theory. Thus, in the present age, stakeholder theory has prevailed over stakeholder theory. Therefore, with the emergence of these two concepts, new creative and legal challenges arise that must be considered. Therefore, in this article, the ethical and legal aspects of the theory of centralized and centralized stakeholder theory and their advantages and disadvantages have been studied.

Conclusion

Two theories can be considered as the foundations of the centralized approach. The first theory is that in the past, companies were formed as a family and was based on the trust of shareholders and partners, and the second theory was interpreted as the myth of ownership. But one of the main disadvantages of the pivotal theory was the accumulation of wealth in the hands of certain individuals and the creation of cartels and centers of wealth accumulation. Thus, the stakeholder theory emerged, which is a managerial, ethical, legal, economic, and social theory, which argues that a company, in order to be successful, must act in a way that creates value for all and benefits the common good. Consider. Stakeholder theory has revolutionized corporate law and consumer law. Of course, there are disadvantages that must be addressed to find legal solutions.

Language:
Persian
Published:
Journal of Ethics in Scince and Technology, Volume:17 Issue: 5, 2023
Pages:
8 to 15
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