The failure of corporate law : fundamental flaws & progressive possibilities

Bibliographic Information

The failure of corporate law : fundamental flaws & progressive possibilities

Kent Greenfield

University of Chicago Press, 2010, c2006

  • : paper

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The failure of corporate law : fundamental flaws and progressive possibilities

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Note

Originally published 2006

Bibliographical references included in "Notes" (p. 245-276)

Includes index

Description and Table of Contents

Description

"The Failure of Corporate Law" returns corporate law to a system in which the public has a greater say in how firms are governed. Kent Greenfield maintains that the laws controlling firms should be much more protective of the public interest and of the corporation's various stakeholders. Only when the law of corporations is evaluated as a branch of public law - as with constitutional law or environmental law - will it be clear what types of changes can be made in corporate governance to improve the common good. Greenfield proposes changes in corporate governance that would enable corporations to meet the progressive goal of creating wealth for society as a whole rather than merely for shareholders and executives.

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