The rise of englightened shareholder primacy and its impact on US corporate self-regulation
Rahim, Mia Mahmudur (2014) The rise of englightened shareholder primacy and its impact on US corporate self-regulation. International Company and Commercial Law Review, 12, pp. 409-418.
Enlightened shareholder primacy (“ESP”) is a new approach in the corporate governance (“CG”) framework. The emergence of this approach is important owing to its role in answering a vital question: is the company really a private organisation to be seen only through the economic prism of contract? Or is it public and about a wider group of interests and underwritten by communitarian concern about social responsibility? Apart from answering this question, ESP explains the changes in corporate directors’ roles and self-regulation strategies of companies.
Impact and interest:
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|Item Type:||Journal Article|
|Keywords:||Corporate governance, Corporate social responsibility, Directors' powers and duties, United States|
|Subjects:||Australian and New Zealand Standard Research Classification > INFORMATION AND COMPUTING SCIENCES (080000) > INFORMATION SYSTEMS (080600)|
|Divisions:||Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Accountancy
|Copyright Owner:||Copyright 2014 Thomson Reuters(Professional)UK Limited and Contributors|
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|Deposited On:||28 Oct 2014 22:22|
|Last Modified:||07 Dec 2016 14:22|
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