Entrepreneurial Approach To Stewardship Accountability, An: Corporate Residual And Global Poverty
Regular price
€70.99
14 days return policy
Shipping & Delivery
A01=Kenneth R Kao
A01=Raymond W Y Kao
A01=Rowland R Kao
Accounting Income
Author_Kenneth R Kao
Author_Raymond W Y Kao
Author_Rowland R Kao
Category=KC
Category=KJG
Economic Residual
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Management Decision
Market Economy
Ownership
Poverty
Profit
Stewardship Accountability
Product details
- ISBN 9789812560063
- Publication Date: 01 Dec 2004
- Publisher: World Scientific Publishing Co Pte Ltd
- Publication City/Country: SG
- Product Form: Hardback
Secure
checkout
Fast Shipping
Easy returns
The continuation of global poverty is inextricably entwined with the fundamental philosophy of the market economy. It is driven by the individual's neverending desire for “profit”, leading to a critically imbalanced distribution of resources. As an entrepreneurial initiative, this book advocates a shift in the responsibility for relief of poverty away from the government to the private sector, and in particular to corporate entities. The concept of the “residual” is used as the cornerstone of business operations and wealth distribution. Corporate decision-makers, while making proprietary decisions for resources allocation, must assume stewardship responsibility and be accountable not just to financial investors but to all contributors of the corporate entity.
