Question 6(c)GS4GS2

Stakeholder Capitalism is suggested as a way forward in wake of social, economic and environment challenges posed by Shareholder Capitalism. Examine the relevant arguments in this debate.

Open scan (p.27)

Answer

Introduction

Stakeholder capitalism refers to a model of corporate governance that ensures all stakeholders & company.

15 words

Main Body

Differs:

Stakeholding & company → Shareholders, management, directors, customers, Employees

Challenges of social shareholder capitalism

1Social promotes inequality, consumerism etc

2Economic: exploitation of workforce, different wages for women etc

3Environment: unsustainable exploitation, forest, pollution, global warming etc

Stakeholder capitalism on other hand -

1Promote employee selection and consumer satisfaction eg: Tata has been the benchmark

2Sustainable development, comparative affordation - eg: GANPA funds

3Goodwill among community is good for trade. eg: CSR fund for hospital

4Ethical corporate governance promotes investment, enhanced profit & prevents delay

Thus, Stakeholder capitalism is the solution for various challenges of shareholder capitalism

— Alase Hrishikesh Rajendra · AIR 61

105 words3 paragraphs1 bullet points

Conclusion

Thus, Stakeholder capitalism is the solution for various challenges of shareholder capitalism

12 words

Examiner score

0.9/10

Open original scan

Page 27

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Topper

Alase Hrishikesh Rajendra

AIR 61

Subject & Paper

GS4GS2

Topic

Statutory, Regulatory and Quasi-judicial Bodies

Regulatory Bodies

Writing Stats

132

Total words

Paragraphs

Bullets

analytical

Tone

Linked PYQ

Suppose you are the CEO of a company that manufactures specialized electronic equipment used by a government department. You have submitted your bid for the supply of this equipment to the department. Both the quality and cost of your offer are better than those of the competitors. Yet the concerned officer is demanding a hefty bribe for approving the tender Getting the order is important both for you and your company. Not getting the order would mean closing a production line. It may also affect your own career. However, as a value-conscious person, You do not want to give bribe. Valid arguments can be advanced both for giving the bribe and getting the order, and for refusing to pay the bribe and risking the loss of the order. What those arguments could be, Could there be any better way to get out of this dilemma? If so, outline the main elements of this third way, pointing out its merits.

20M2014Analyze