How Anglo Americans Stakeholders Influence Carrolls...

Anglo American hired Cynthia Carroll as chief executive officer in hopes that she would improve the overall performance of the company. Failing to meet their expectations would almost guarantee her time at the company would be short lived. As CEO she must juggle the interests of her stakeholders and make decisions that benefit the company. It can prove to be a difficult task as certain stakeholders hold more power and have more influence when it comes to making these decisions. In this paper I will be using stakeholder theory to discuss how Anglo American’s stakeholders influence Carroll’s decision. Carroll is well aware of the dangers her employees face, however she must decide whether it is in her best interest to increase safety or not. While increasing safety measures may make the company look better, it will come at great costs. Although Cynthia Carroll is facing some opposition from it’s the South African government and its employees, when taking in the int erests of all the company’s stakeholders it is clear that she must keep the mines up and running without taking more safety precautions. Maintaining a good relationship between business and government is important to the success every company. In this case, the South African government is important to think about because they alter how Anglo American deals with its employees, however they do not have enough power to sway the decision in their favor. The role of government is to Promote economic development andShow MoreRelatedAnglo American Dissatation11587 Words   |  47 PagesIntroduction Anglo American Plc is a mining conglomerate and is one of the largest companies within the mining industry. It originally started in 1917 as a gold mining company going by the name of Anglo American Corp; the name was created when the initial starting capital of  £1million was raised from U.K. and U.S. sources (Forbes 2006). In 1999, following a major strategic review, Anglo American merged with Luxembourg headquartered Minorco to form Anglo American Plc, with its primary stock exchange