Conflict of interest: shareholders versus staff

Recent events at Apple have provided a classic illustration of the clash between the interests of shareholders and the people running listed companies.

Often these issues come to a head when a public company gets into trouble, but at Apple, the clash stems from its success: the firm has amassed a mind-blowing cash pile of US$137 billion, prompting a row over what do with the money.

Before giving further consideration to events at Apple, let's step back and consider some basic issues.

via Business feed http://www.scmp.com/business/money/article/1187878/conflict-interest-shareholders-versus-staff