Stakeholders' Rights
             The concept of "stakeholder" is a simple one - which does not mean
             that it is taken into account as often as it should be. The stakeholders in
             any situation are those who stand to gain or lose as a result of a
             particular action. This includes both those who are directly involved,
             including a company's executives, its employees and its stockholders. But
             it also includes those people who are not directly affected such as (for
             example) people living near a factory.
             Corporate governance is one of those terms that most
             managers use but few can define precisely. Corporate governance
             is about how the organization achieves its purpose. It involves
             the meaning of organizations and how organizations fulfill their
             purpose. It has elements of leadership, stewardship, ethics,
             security, vision, direction, influence, and values. Corporate
             governance is about protecting stakeholder interests in the
             organization (http://www.mc2consulting.com/govloop.htm).
             Companies should consider the rights, needs, interests and power of
             all stakeholders before making major decisions; this is not simply an
             ethical thing to do but it will also prevent legal and/or ethical problems
             Corporate Social Responsibility
             A century ago, corporate social responsibility was an idea whose time
             had not yet come, and companies were free to treat their employees as badly
             as they could get away with and cause nearly unregulated environmental
             damage. Profits were considered the only measure of how good a company was,
             and higher profits were often derived from unethical treatment of workers
             Such an attitude today is no longer either practical nor acceptable.
             Increased government regulation (brought about in direct response to
             corporate irresponsibi...