This investigation of the barriers to, and opportunities for, promoting environmental sustainability in company law provides an in-depth comparative analysis of company law regimes across the world. The social norm of shareholder primacy is the greatest barrier preventing progress, and it also...

Pension funds play a linchpin role in Western, capitalist economies by allowing citizens to save for their future, and are generally viewed as fundamental to the stability and long-term orientation of the production system as a whole. It is essential to ensure that there is clarity as to...

The 2017 revised Shareholder Rights Directive gives shareholders a say on executive pay and requires institutional investors to improve shareholder engagement. The directive is thus designed to provide a counterweight to the increasingly dominant ‘shareholder' model of corporate governance...

This paper supports the objective of the proposed revision of the Shareholder Rights Directive (Directive 2007/36/EC), that is, to contribute to the long-term sustainability of EU companies. However, it expresses concern that the measures being considered will not achieve their intended purpose,...

Brexit has a number of implications for companies operating in the UK as well as for company law and corporate governance in both that country and the EU.Firstly, at the end of the transition period (currently 31 December 2020), the EU’s freedom of establishment will end in the UK, potentially...

Sustainability in its various guises is perhaps the most pressing issue facing humankind. Companies have to play their part in transforming their business models to meet this imperative. The conventional approach to company law and corporate governance has been that companies should produce...

Externalities occur where an economic actor takes a decision which results in actions that affect other parties without their consent. In most cases, the creator of the externality will be a corporation because they are the most important actors in modern economies. There is a market failure as...