In this assignment, you are required to write a 3000-word essay on a topic of your choice drawing
upon the lectures, seminar and reading material for the module MN7406. You should complete an
essay on ONE of the following questions:
‘Stakeholder theory is vacuous and offers an unrealistic view of how organizations operate’ (Brayden, 2006).
Do you agree with Brayden’s position? Discuss the statement with reference to relevant theories and
examples.
Bower and Paine (2017) argue that the obsession with maximizing shareholder value reflects ‘a failure at the
heart of corporate leadership’. Do you agree or disagree with their position? Outline and discuss their
arguments drawing on relevant theoretical approaches to shareholder value.
‘It pays to be good but not too good.’ Discuss this statement with reference to contemporary challenges of
global governance, such as climate change and corporate tax avoidance.
Assignment Reading
Please see the Course Reading and Seminar Outline Reading for relevant reading. A collection of
relevant reading for each essay question will also be provided separately, on Blackboard on the 15
February.
Further advice on writing your essays will be provided in the final course lecture and the final
seminar.