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.

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ID Code: 78090
Item Type: Journal Article
Refereed: Yes
Additional URLs:
Keywords: Corporate governance, Corporate social responsibility, Directors' powers and duties, United States
ISSN: 0958-5214
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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