n Without Prejudice - A blind eye : company law
|Article Title||A blind eye : company law|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||Sep 2014|
|Pages||8 - 9|
It goes without saying that the primary goal of a profit company is to increase the wealth of its shareholders by paying dividends and causing the price of the company's shares to increase. The company's board is entrusted with managing the business and affairs of the company in the interests of the company's shareholders, as well as its wider stakeholders such as customers, suppliers, creditors, employees and the community. Therefore, to achieve the primary goal, the board must pay dividends to the company's shareholders without adversely impacting the price of the company's shares or the wider interests of the company's other stakeholders.
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