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Books > Law > Laws of other jurisdictions & general law > Financial, taxation, commercial, industrial law > Company law
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The Constitutional Corporation - Rethinking Corporate Governance (Paperback)
Loot Price: R1,585
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The Constitutional Corporation - Rethinking Corporate Governance (Paperback)
Series: Applied Legal Philosophy
Expected to ship within 12 - 17 working days
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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.
General
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