(a) The shareholder value approach to managing businesses is different to the stakeholder approach to managing businesses. In the latter case, the different stakeholders of the business (employees, customers, suppliers and so on) are considered as being of equal importance and so the interests of shareholders will not dominate. Is it possible for these two approaches to managing businesses to co-exist in harmony within a particular economy?

(b) It has often been argued that businesses are overcapitalised. If this is true, what might be the reasons for businesses having too much capital and how can EVA help avoid this problem?

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