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PART B Max. 900 +/- 100 words, (25% marks) Critically examine a well-known objective - the shareholder wealth maximisation, taking into consideration the following quotation

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PART B Max. 900 +/- 100 words, (25% marks) Critically examine a well-known objective - the shareholder wealth maximisation, taking into consideration the following quotation and two examples from the current financial market. "The view of pursuing shareholder wealth alone, of course, is not the approach most ethicists or (now) most businesspeople take. The realization has occurred that businesses must participate in society in an ethically symbiotic way. A fundamental truth is that business cannot exist without society and that society cannot go forward without business. Thus, business must acknowledge society's existence and society's growing demand for more ethically responsible business practice." Joyner and Payne (2002), p.298. Students are required to use the following three research studies and your selection of another one reviewed journal article Readings: B1- Hettihewa, S., Kopp. L. and Wright, C. (2019). International Journal of Business and Economics, Ethics, Vertus and Consequences, V, 18 No 1 pp. 17_40 Readings: B2 - Freudenreich B. Ldeke Freund B and Schaltegge S. (2020), Journal of Business Ethics, 'A Stakeholder Theory Perspective on Business Models_Value Creation for Sustainability V. 166 Pp.3_18 Readings: B3 . Joyner, B. and Payne, D. (2002) Journal of Business Ethics, 'Evolution and Implementation A Study of Values, Business Ethics and Corporate Social Responsibility', volume 41. pp.297-311. Note: See Moodle for Readings B1, B2 and B3. Marking Guide for Part B: Introduction (3 Marks) Addressing the core issues (5 marks) Critical analysis (5 marks) Examples, data analysis and diagrams (3 marks) Conclusion (5 Marks) Professionalism (4 Marks) Note: Your reference list must have academic references in the reference list and the referencing must follow good academic format. Students are strongly urged to read reviewed academic

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