325-325 Stakeholder Management

Entry to this subject is restricted to students who have completed at least 75 points of commerce of which at least 25 points must be Department of Management level-2 subjects.

Top managers are under increasing pressure to align competing claims from external constituencies: sovereign governments, non-governmental organisations, and local communities, as well as from shareholders and workforces. This subject introduces students to a theoretical and conceptual framework for dissecting and analysing corporate governance and stakeholder management, particularly in complex international environments. Controversial aspects of dealing with stakeholders considered in the subject include incorporating 'social responsibility' as a key element of firm strategies and operations, coping with corruption and cronyism, the power and influence of the media, diversity management, the environment and biotechnology.

A 2-hour end-of-semester examination (50%) and written assignment(s) totalling not more then 5000 words (50%).

To be advised.