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capital, the rules vest ultimate control of the business in those who provided the equity for the business, the shareholders …. But only all the shareholders acting unanimously have complete authority and discretion in relation to the company …'s affairs. This is in recognition of the fact that shareholders' personal interests are not always aligned and some measure of …
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Corporations, like the rest of us, must comply with environmental and other laws or suffer the consequences. Unfortunately, these consequences can pale in comparison to the gains to be made from non-compliance. Law-and-economics scholarship recognizes this and, by treating many laws as mere...
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within the governance structure of the company, even though they are not themselves shareholders in the company and so are …
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time, it has become clear that the priorities of shareholders are often misaligned with those of the managers, with the …, shareholders should have a direct influence on the compensation paid to executives.To achieve that goal, the policymakers in the …
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pt. 1. The basis of shareholder primacy in the UK -- pt. 2. Forces driving UK corporate governance reforms : a critical view of EU actions towards a harmonised corporate governance framework -- pt. 3. Recent UK changes in UK company law and corporate governance : movement towards the continental...
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