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Essay / Research Paper Abstract
The needs of different stakeholders will be balanced with reference to many factors, such as market conditions, power and culture. This 17 page paper considers how the balance is determined and then examines this by comparing the telecommunications industry in five countries; The US, The UK, Hungary, United Arab Emirates (UAE) and Bahrain. The bibliography cites 17 sources.
Page Count:
17 pages (~225 words per page)
File: TS14_TEstaketel.rtf
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Unformatted sample text from the term paper:
the competitive structure and the commercial attitudes in the market and country where they operate. However, there have been general patterns seen with increased liberalisation in many markets, such as
the telecommunications industry and the media. If we look at the way shareholder needs may or may not be satisfied we can consider how this occurs in several different countries.
The paper needs to start with a framework that can be used to assess the way in which stakeholder needs may be assessed. The idea of a company that
provides a service which is used by many needing to satisfy stakeholders is not new. However, there are many different types of stakeholders. The dominant model in the west, in
countries such as the UK and the US is the shareholder wealth maximisation model; as part of an economic necessity, rather than as part of an overall philosophy of service
and the alternate paradigm of corporate wealth maximisation. This is due to the way in which the markets are run and many of the media or communication companies are owned,
with regulation figuring against ownership in many cases. The shareholders may be a primary stakeholder, but they are not the only stakeholders. When we consider the range of
stakeholders some can be seen more direct than others. Stakeholders are those who have an interest in the running and operations of these companies. These are usually displayed in concentric
circles, with those with the most direct interest closet to the company. In the centre circle, with the company will be the company management and the owners. In the case
of many media and communication companies this will be mainly institutional shareholders as well potentially the government with a retained or even full share ownership in the company. Moving outwards
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