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Synopsis
This book critically examines shareholder primacy and develops a new theory of shared corporate governance that includes employees.
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About the Authors
Grant M. Hayden is Professor of Law at Southern Methodist University Dedman School of Law. He writes and teaches in the areas of voting rights, labor law, and corporate governance. He is also the author of American Law: An Introduction, 3rd edition (with Lawrence M. Friedman, 2017).
Matthew Bodie is Callis Family Professor at Saint Louis University School of Law and Co-Director of the William C. Wefel Center for Employment Law. He served as a reporter for the Restatement of Employment Law (American Law Institute, 2015) and chair of the business associations section of the Association of American Law Schools.
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- PublisherCambridge University Press
- Publication date2021
- ISBN 10 1316502910
- ISBN 13 9781316502914
- BindingPaperback
- LanguageEnglish
- Number of pages288
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Reconstructing the Corporation : From Shareholder Primacy to Shared Governance
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ISBN 10: 1316502910
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Reconstructing the Corporation : From Shareholder Primacy to Shared Governance
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ISBN 10: 1316502910
ISBN 13: 9781316502914
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Reconstructing the Corporation: From Shareholder Primacy to Shared Governance
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Reconstructing the Corporation: From Shareholder Primacy to Shared Governance
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Reconstructing the Corporation
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Reconstructing the Corporation: From Shareholder Primacy to Shared Governance
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Reconstructing the Corporation (Paperback)
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ISBN 10: 1316502910
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Paperback. Condition: new. Paperback. Modern corporations contribute to a wide range of contemporary problems, including income inequality, global warming, and the influence of money in politics. Their relentless pursuit of profits, though, is the natural outcome of the doctrine of shareholder primacy. As the consensus around this doctrine crumbles, it has become increasingly clear that the prerogatives of corporate governance have been improperly limited to shareholders. It is time to examine shareholder primacy and its attendant governance features anew, and reorient the literature around the basic purpose of corporations. This book critically examines the current state of corporate governance law and provides decisive rebuttals to longstanding arguments for the exclusive shareholder franchise. Reconstructing the Corporation presents a new model of corporate governance - one that builds on the theory of the firm as well as a novel theory of democratic participation - to support the extension of the corporate franchise to employees. This book critically examines shareholder primacy and its principal manifestation in corporate law: the exclusive shareholder franchise. It presents a new model of corporate governance, fully consistent with economic theory of the firm and democratic participation theory, that supports shared board representation between shareholders and employees. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. Seller Inventory # 9781316502914
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Reconstructing the Corporation : From Shareholder Primacy to Shared Governance
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ISBN 10: 1316502910
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Reconstructing the Corporation : From Shareholder Primacy to Shared Governance
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Cambridge University Press, 2021
ISBN 10: 1316502910
ISBN 13: 9781316502914
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