MSc Management – Business Economics

Title: MSc Management – Business Economics Overall word limit: 2000 Deadline:3 days 1. It is said that whilst firms have shareholders who want to make…

Title: MSc
Management – Business Economics

Overall word limit: 2000

Deadline:3
days

1. It is said that whilst
firms have shareholders who want to make a profit and managers who
want to earn a wage, they also have many stakeholders that do not own
nor work for the company but are affected by its actions. Critically
explore the theoretical and empirical basis of the divorce of
ownership from control implied in this statement and comment on
whether you consider the statement to be correct. (100 Marks)

Please
use more economics theory, graphs, elaborations and so on from the
ppt.

Be
critical and analyze both sides with real examples.

The word count should:

Include
all the text, including title, preface, introduction, in-text
citations, quotations, footnotes and any other item not specifically
excluded below.

Exclude
diagrams, tables (including
tables/lists of contents and figures), equations, executive
summary/abstract, acknowledgements, declaration, bibliography/list
of references and appendices. However, it is not appropriate to use
diagrams or tables merely as a way of circumventing the word limit.
If a student uses a table or figure as a means of presenting his/her
own words, then this is included in the word count.

Very occasionally it may be
appropriate to present, in an appendix, material which does not
properly belong in the main body of the assessment but which some
students wish to provide for the sake of completeness. Any appendices
will not have a role in the assessment – examiners are under no
obligation to read appendices and they do not form part of the word
count. Material that students wish to be assessed should always be
included in the main body of the text.

MARKING GUIDELINES

Performance in the summative
assessment for this module is judged against the following criteria:

Relevance
to question

Organisation, structure and
presentation

Depth of understanding

Analysis and discussion

Use of sources and
referencing,graphs,explanation,critical
assessment

Overall conclusions

Reference
format: Harvard

https://www-citethemrightonline-com.

Recommended
and Essential Reading (The latter is marked ER)

Sloman, J., Hinde, K. and Garratt D., (2013),
Economics for Business, 6th ed., Prentice Hall/Pearson, chapters 9,
10, 14 and 20 (section 5). (ER)
http://library.dur.ac.uk/record=b2599816~S1

Besanko, D.
et al., 2007. Economics
of strategy 4th
ed., Hoboken  N.J.  ;Chichester:
Wiley. Chapters 14 and 15.

http://library.dur.ac.uk/record=b2096906~S1

Douma S. &
Schreuder H. (2008), Economic Approaches to Organisations,
4th Edition,
Prentice Hall, Financial Times. Chapter 8

http://library.dur.ac.uk/record=b2620324~S1

Friedman,
M. (1970) The social responsibility of business is to increase its
profits, New
York Times Magazine,
September 13. Available
at http://www.colorado.edu/studentgroups/libertarians/issues/friedman-soc-resp-business.html(last
accessed 17th September 2013)

Kay,
J. (2012) ‘A real market economy ensures that greed is
good’, Financial
Times,
January 18. Available at John Kay’s
website http://www.johnkay.com/2012/01/18/a-real-market-economy-ensures-that-greed-is-good  (accessed
18th September 2012).

Kay,
J. (1998) The
Role of Business in Society.
Available at http://www.johnkay.com/1998/02/03/the-role-of-business-in-society (accessed
17th September 2013).

Lipczynski
J, Wilson J and Goddard J (2009), Industrial
organization : competition, strategy, policy.,
Prentice-Hall, Financial Times, London. 3rd edition.
Chapter 2.

http://library.dur.ac.uk/record=b2421758~S1

Kitzmueller,
M, and Shimshack. J. (2012). “Economic Perspectives on Corporate
Social Responsibility.” Journal
of Economic Literature,
50(1): 51–84. Available
at http://www.aeaweb.org/articles.php?doi=10.1257/jel.50.1.51 (last
accessed 17th September 2013)

Perlstein,
S. (2013) How the cult of shareholder value wrecked American
business, Washington
Post,
9th September.
(Available
at  http://www.washingtonpost.com/blogs/wonkblog/wp/2013/09/09/how-the-cult-of-shareholder-value-wrecked-american-business/ last
accessed 17th September 2013)

Sloman, J.,
Hinde, K. and Garratt D., (2013), Economics for Business, 6th ed.,
Prentice Hall/Pearson,
chapters 9, 10, 14 and 20 (section 5). (ER)

http://library.dur.ac.uk/record=b2599816~S1

Stavins
R, Reinhardt F & Vietor R (2008) Corporate Social Responsibility
through an Economic Lens, John
F Kennedy School of Government, Harvard University, Working Paper
Number:RWP08-023.
Available at http://www.nber.org/papers/w13989(accessed
17th September 2013).
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