Book

Corporate Power and Responsibility

J. E. Parkinson

Published in print April 1995 | ISBN: 9780198259893
Published online March 2012 | e-ISBN: 9780191682018 | DOI: https://dx.doi.org/10.1093/acprof:oso/9780198259893.001.0001

Series: Clarendon Paperbacks

Corporate Power and Responsibility

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This book argues that it should be the function of company law to promote public interest. Examining a number of topical and controversial issues from this perspective, including the adequacy of corporate governance arrangements, the Nexus of Contracts theory of the company, and the role of markets, the book explains why the theory of company law has to be understood in order for the day-to-day practice of company lawyers to be fully appreciated. The book explores in some depth the protection of interests largely ignored by company law, such as those of employees and the local community, and the safeguarding of the environment from corporate abuse.

Keywords: company law; public interest; corporate governance; Nexus of Contracts; employees' interests; community interests; environment protection

Book.  502 pages. 

Subjects: Company and Commercial Law

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Table of Contents

Corporate Power in Corporate Power and Responsibility

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Ownership, Control, and the Pursuit of Profit in Corporate Power and Responsibility

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The Legal Control of Management Discretion in Corporate Power and Responsibility

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Managerial Efficiency in Corporate Power and Responsibility

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Reinforcing—and Challenging—the Legal Model in Corporate Power and Responsibility

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Corporate Governance: Shareholder Democracy and the Monitoring Board in Corporate Power and Responsibility

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Management Self-Dealing in Corporate Power and Responsibility

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The Enforcement of Directors’ Duties in Corporate Power and Responsibility

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Social Responsibility within the Current Legal Fabric in Corporate Power and Responsibility

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An Evaluation of Profit-Sacrificing Social Responsibility in Corporate Power and Responsibility

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