The failure of corporate law : fundamental flaws & progressive possibilities
Author(s)
Bibliographic Information
The failure of corporate law : fundamental flaws & progressive possibilities
University of Chicago Press, 2010, c2006
- : paper
- Other Title
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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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