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            | Topic: | Business | 
        
            | Number of pages / Number of words: | 6 / 1545 | 
                
    
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In that case benefiting other stakeholders is unjust taxation on stockholders. There are certainly many examples where management benefited unjustly at the expense of stockholders, such as in the case of former Tyco CEO, Dennis Kozlowski, and CFO, Mark Swartz, who were found guilty of stealing hundreds of millions of dollars from the manufacturing conglomerate4...
        
        
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R. Ambedkar (Indian Politician and founder Of the Indian Constitution.)
The major objection to the stockholder theory is that it is solely focused on profit maximization at the expense of all stakeholders other than stockholders. Wal-Mart is demonized for the fact that it pays such low wages that almost half of the children of Wal-Martâs 1...
        
        
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