Code of Ethics - Shareholders vs BOD - conflict of interests
In whose interests should the company make important productive decisions; are the shareholders' interests more important than the CEO, the directors, the BOD, the officers of the corporation, or less? Can they ever be the same or will there always be a conflict of interests? How should such conflicts be resolved? If a single shareholder owns more than half of the equity or owns enough to control the company, should (s)he be forced to take into account the interests of the minor shareholders? What legal responsibilities apply in Australia? (C-30201)