The Constitutional Corporation: Rethinking Corporate Governance (Applied Legal Philosophy)

Bottomley, Stephen

ISBN 10: 0754624188 / ISBN 13: 9780754624189

Published by Ashgate, 2007

About this Item

This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. In fair condition, suitable as a study copy. Dust jacket in fair condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,550grams, ISBN:9780754624189.

Seller Inventory # 7082576

Bibliographic Details

• Title: The Constitutional Corporation: Rethinking Corporate Governance (Applied Legal Philosophy)
• Publisher: Ashgate
• Publication Date: 2007
• Language: English
• ISBN 10: 0754624188
• ISBN 13: 9780754624189
• Binding: Hardcover
• Condition: Fair
• Dust Jacket Condition: Dust Jacket Included
• Weight: 550 grams
• Seller catalogs:
  • Legal

About this title

Synopsis

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.

About the Author

Stephen Bottomley is Professor of Commercial Law and Head of School in the Law School at the Australian National University, Australia. He has published in the areas of corporate governance, corporate theory, corporate regulation and government-owned enterprises.