Focusing on the European Central Bank's critical role, the essay explores its primary objective of formulating a unified monetary policy. As the exclusive issuer of banknotes and reserves, the bank holds a monopoly over the monetary base, equipping it with the essential tools to implement effective monetary policy. This examination highlights the institution's significance in shaping economic stability within the Eurozone.
The thesis explores the impact of corporate culture on mitigating the issues associated with shareholder value in corporate governance. It begins by analyzing and defining the concepts of shareholder value and corporate culture, framing value as sustainable long-term profit for investors. The work then delves into the problems arising from shareholder value, particularly highlighting the lack of mutual trust among stakeholders and the moral dilemmas these conflicts create. Ultimately, it argues for the potential of a strong corporate culture to address these challenges.