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This review essay on Joseph Heath's Morality, Competition, and the Firm assesses its criticisms of both the shareholder primacy and stakeholder views dominant in business ethics, and evaluates Heath's preferred alternative – a “market failures” approach to business ethics. It argues that...
Persistent link: https://www.econbiz.de/10013017886
This Article examines whether recent shifts among private and public markets are part of a more general phenomenon of “shapeshifting” among corporate entities. A shapeshift is a transformation of corporate form involving the creation or use of a new legal entity and one or more changes in...
Persistent link: https://www.econbiz.de/10013148211
This paper is the first in a series considering a rather tired argument in corporate governance circles, that corporate laws that give only rights to stockholders somehow implicitly empower directors to regard other constituencies as equal ends in governance. By continuing to suggest that...
Persistent link: https://www.econbiz.de/10011673664
This chapter, forthcoming in the Oxford Handbook of the New Private Law, situates corporations and corporate law theory within the nascent New Private Law movement. Most theorists allied to the New Private Law focus on fundamental private law and so, in turn, bodies of law addressed to singular...
Persistent link: https://www.econbiz.de/10014032708
The corporation is one of the most important institutions in contemporary society, yet it is an incoherent and under theorised construct. Debates about corporate models tend to ignore the important social and political implications of the various models, and among other things, the public...
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