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Strategic Management
, Sixth Edition
Charles W. L. Hill, University of Washington
Gareth R. Jones, Texas A&M University
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| | Chapter Objectives
Chapter 11:
Corporate Performance, Governance, and Business Ethics
- Introduce concepts about strategy implementation.
- Describe reasons for poor performance and suggest ways to improve poor performance.
- Identify important stakeholder groups, show how they contribute to and benefit from the firm, and describe how stakeholders affect corporate profitability.
- Familiarize students with agency theory, and use it to explain why a misalignment of interests exists at every level of the organization.
- Present information about various corporate governance mechanisms.
- Define and describe business ethics, and show how managers can improve a firm's ethical performance.
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