This chapter examines and challenges the dominant academic portrayal of Anglo-American corporate law as an aspect of private law, and argues for a re-characterisation of the subject that reflects the centrality of public regulation to its core dynamics. It first explores the purported...

Most directors and senior managers of UK companies would likely regard it as trite law that, in undertaking their managerial and/or control functions, they are accountable first and foremost to their employer firm's general body of shareholders. It follows that the interests of other corporate...

This paper reconsiders the orthodox Anglo-American understanding of labour as a constituency situated outside of the core corporate governance domain. It challenges the dominant neo-classical theory of the firm, which asserts that shareholders are in general the only group of ‘incomplete’...

Executive compensation is a constant work in progress, influenced by the ebb and flow of corporate and financial crises, political agendas, and academic and popular commentary. Against the background of a flurry of new provisions, this article begins by taking a step back and provides a...

Introduction / Barnali Choudhury and Martin Petrin -- Four transformations of the corporate form / Reuven S. Avi-Yonah -- Comparative corporate governance : old and new / Martin Gelter -- Corporation's intrinsic attributes / Christopher M. Bruner -- Understanding the modern company through the...

What is the purpose of the company and its role in society? From their origin in medieval times to their modern incarnation as powerful transnational bodies, companies remain an important part of business and society at large. Drawing from a variety of perspectives, this book adopts a normative...