Oes stakeholder theory provide a better basis for the development of Corporate Governance in the 21st century than agency theory?

Introduction and background to topic (10%)

Evidence of reading and/or choice of appropriate concepts (20%) Demonstrates high level of scholarship.

Understanding of key issues and Analysis (30%)Issues clearly understood and differentiated in te

Oes stakeholder theory provide a better basis for the development of Corporate Governance in the 21st century than agency theory?

A brief introduction should be given to the question and to corporate governance and its importantthe assignment should contain evidence of a wide range of sources not just the use of lecture notes. in addition text books reference to at least 3 relevant academic journal articles should be included to support your workexplain the two different theories in your own words,supported by reference,using examples where appropriate, explain the influence that each theory has had in the development of corporate governance practice around the world, give examples of countries whose approaches to corporate governance are considered to be closely aligned to each theory, discuss whether the two approaches are exclusive to each other, consider alternative approaches, conclude and answer the questionthe work should be clearly presented,logically structured, accurately referenced and contain as few spelling and grammatical errors as possible

Referencing Requirements:
Solomon, J.(2010).Corporate Governance and Accountability.3 edition.
Mallin C.(2010).Corporate Governance.oxford.

It is certainly possible to use another relate references and electronic resources are highly recommended.