Format:
1 online resource (172 pages)
Edition:
1st ed.
ISBN:
9780754685807
Series Statement:
Applied legal philosophy
Content:
Corporate laws are based on the idea that the interests of shareholders should be the primary concern of company directors. However, some argue that the proper role for shareholders is to sit back and let the corporation's managers do their job, or that the pursuit of shareholders' interests detracts from the concerns of employees or victims of corporate wrongdoing or other stakeholders. Stephen Bottomley argues that instead of consigning shareholders to this passive role, they should be given opportunities to be active members of corporations. Corporations are constitutional arrangements rather than mere contractual agreements. They are decision-making organizations in which questions of process and structure are important. Thus, instead of using economic criteria such as efficiency as the sole measure for deciding what constitutes 'good' corporate governance, this book examines whether ideas of accountability, deliberation and contestability provide a valuable framework for assessing corporate structures and process and for encouraging greater shareholder participation.
Content:
Cover Page -- Title Page -- Copyright Page -- Contents -- List of Cases -- List of Statutes -- Preface -- Acknowledgements -- 1 Corporations and Shareholders -- 2 From Contract to Constitution -- 3 Corporate Constitutionalism -- 4 Corporate Accountability -- 5 Corporate Decisions and Deliberation -- 6 Contesting Corporate Decisions -- 7 The Prospects for Corporate Constitutionalism -- Index.
Note:
Description based on publisher supplied metadata and other sources
Additional Edition:
ISBN 9780754624189
Additional Edition:
Erscheint auch als Druck-Ausgabe ISBN 9780754624189
Additional Edition:
Print version The Constitutional Corporation Rethinking Corporate Governance
Language:
English
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