When decisions by company shareholders disadvantage workers or consumers (stakeholders), then democracy should favour the voice of all stakeholders over the voice of the shareholders?


On average, everyone disagrees with significant nonconsensus between 291 voters.

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Please read the comments from other voters below, then scroll down make your decision. Do you agree or disagree with the following statement?

When decisions by company shareholders disadvantage workers or consumers (stakeholders), then democracy should favour the voice of all stakeholders over the voice of the shareholders

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Reasons To Disagree

Shareholders own the company. Workers and consumers don't. If you own something, then you should have the right to decide what you want to do with it. Workers, consumers: if you have a problem with that, then buy your own company and then you can decide how you want to run it - because it would be yours, after all. Of course, when shareholders make decisions that may disadvantage workers/consumers, they risk losing workers/customers to the competition. These are risks they need to take into account, however, the power should remain with them.

9 March 2006

If stakeholders want a say in the company let them put their money where their mouth is and become shareholders, and thus owners of the company. As owners, they then have the right to a say in how the company is run.

23 March 2006

Democracy is when shareholders can make informed decisions for themselves bearing in mind the rammifications of their own decisions (including any bad press that might result from their decision). The question is framed incorrectly because if the "democracy" were to "favour the voice of all stakeholders" (read: impose restrictions on decisions shareholders are allowed to make) then that would not be a "democracy"

22 June 2006

If you don't like what the company is doing you could always leave (of course that assumes we have an ideal empolyment market that provides the opportunity to take up work elsewhere). This is a part of democracy. You could always boycott the employers products or services as a means of protest...

1 August 2006

yes, but only in proportion to the benefit or damage accorded to each party. If the shareholders are set to gain the benefits of a lifetime, but this was objected to by a sole (billionare goose farmer), the goose farmer needs to be taken into account, but not the be-all and end all.

27 December 2007

Companies are owned by the shareholders, not the stakeholders

10 June 2009

Workers and consumers do not HAVE a "stake" in the company - they CHOOSE to either earn wages by working there or they CHOOSE to buy the products - if they don't like it - they should go elsewhere. Shareholders OWN the company - it's THEIRS to do with as THEY see fit. If they fail to find a market for their jobs and/or product they go bust. SIMPLE - FAIR AND JUST!

1 September 2009

If you don't like the way a company does business, vote with your feet.

10 October 2010

Property rights are absolute, no matter how many want to take what the shareholders own it is still theft.

27 August 2012

 

Reasons To Agree

majorities not minorities!

15 February 2006

A person's labour is paid in wages, but what do they get in exchange for the product they [help] to create? I believe that every company should grant share/s to each of its permanent employees to establish a democratic economy where exploitative elements of the corporates can be held accountable.

15 April 2007

Actions that benefit a corporation are not the sme things that benefit the employees or the nation. Corporations are NOT People.

2 December 2012

Reasons for Remain Neutral

Depends if the circumstances have been brought about by manipulated exploitive activities of the initiated larger shareholders, or if infact true market forces have been the cause.

20 August 2006

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