这种缺乏协商一致意见的情况最终导致对这一问题的完全不同的分析，并导致参与改革进程的人民对这一问题提出了截然不同的无数解决办法。让我们详细讨论一下如何正确地理解框架，如何设计框架来服务于个人、公司和社会的利益。(Branco et al.，2007)公司的主要目标是利润最大化，采用的是股东模型，其作用在于配置、动态和生产效率。企业的市场价值是判断该模型的参数。因此，经理和董事有责任以公司股东的最大利益来经营公司。在该模型中，影响公司治理的问题是实益所有权与决策权不同。这种差异使公司无法实现利润最大化。由于所有权和控制权的不同，委托人即投资者和代理人、经理人有着不同的目标和利益。
因为管理者不是所有者，所以任何决策都不会影响他们的成本。当股东试图增加股票价值时，管理者可能试图增加他们的工资、市场份额等(Shumate et al.，2010)。与股东理论相比，该模型提供了更广阔的组织视角。根据这个模型,该公司负责大量的选民的利益相关者,而不是股东如合同成员像员工,客户、债权人以及一些社会元素,如社区的人们公司的位置,当地和国家政府。这些公司应该以公众的最大利益来经营，并且应该承担社会责任。衡量企业绩效的指标是企业的就业情况、市场份额、与供应商和采购商的贸易增长情况以及财务绩效。旧的传统模型的缺点是它没有包括公司的所有方面…(Easterbrook et al.，2013)
This lack of consensus, ultimately, leads to an entirely different analysis of the problem and to the strikingly different numerous solutions to this problem, which is given by the people participating in the reform process. Let’s discuss both in details to understand framework in proper way that how the framework is designed to serve the interest of individuals, corporations and society. (Branco et al.,2007)The primary aim of the firm is to maximize the profits, going by the shareholder model which works on allocative, dynamic and the productive efficiency. The market value of the firm is the parameter for judging this model. Thus, the managers and directors have the responsibility of running the firm in the best interests of the shareholders of the firm. The problem which affects the corporate governance in this model is the fact that the beneficial ownership and the decision making authorities are different. This difference keeps the firm away from maximizing profits. The principal, which are the investors, and the agents, the managers, have different aim and interests due to the difference in ownership as well as control.
Since, the managers are not the owners so any decision making will not affect them with its costs. While the shareholders try for increasing the share value, the managers might be trying for increasing their salaries, market share etc. (Shumate et al.,2010)This model gives much broader view of the organization compare to shareholders theory. As per this model, the firm is answerable to a large number of constituents of the stakeholders rather than the shareholders such as the contractual members like the employees, customers, creditors as well as some social elements like the people of the community of the firm’s location, local along with national governments. The firms should be run in the best interests of the public and should be socially responsible. The parameters for judging the performance of the corporation are its employment, its market share as well as the increase in trading with the suppliers as well as purchasers along with the financial performance. The shortcoming of the old conventional model is that it doesn’t include all the aspects of the firm. .(Easterbrook et al.,2013)