Absolutely not. There are two fundamental approaches to governance. The stakeholder model (found in many Asian and CONTINENTAL European COUNTRIES) assigns rights and responsibilities to a broad group of constituencies, “stakeholders,” including: banks, BONDHOLDERS, EMPLOYEES, the government and local communities or society at large. The shareholder model (found in all COMMON law countries and in a diverse group of countries worldwide) maintains that ownership is key and therefore the shareholder is the primary focus of governance.

Absolutely not. There are two fundamental approaches to governance. The stakeholder model (found in many Asian and continental European countries) assigns rights and responsibilities to a broad group of constituencies, “stakeholders,” including: banks, bondholders, employees, the government and local communities or society at large. The shareholder model (found in all common law countries and in a diverse group of countries worldwide) maintains that ownership is key and therefore the shareholder is the primary focus of governance.