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Location Call # Volume Status
 Law ElgarOnline    ONLINE  
Author Vasudev, P. M., author.
Title Beyond shareholder value : a framework for stakeholder governance / P.M. Vasudev, (Associate Professor, Faculty of Law, University of Ottawa, Canada).
OCLC eep9781800375772
ISBN 9781800375772 (e-book)
Publisher Northampton : Edward Elgar Publishing, 2021.
Description 1 online resource (432 pages).
LC Subject heading/s Corporate governance.
Stakeholder management.
LC
Genre heading/s
Electronic books.
Bibliography Includes bibliographical references and index.
Contents Contents: Introduction -- Part I: Shareholder value and its disContents 1. Shareholder value - conception and execution -- 2. Shareholder value - delivery and outcomes -- 3. Impact on corporate governance and enterprise management -- Part II: Shareholder value as law -- 4. Shareholder value becomes law -- 5. Shareholder primacy - the original sin? -- 6. The anatomy of shareholder value - shares unleashed -- 7. Corporate law and its making - the question of democratic legitimacy -- Part III: Stakeholder vision - the journey so far and the future -- 8. The stakeholder journey - so far -- 9. Stakeholder governance - a framework for the present and the future references -- Index.
Summary "This timely and engaging book examines how maximising shareholder value has played a dominant role in corporate governance over recent decades, and analyses the resulting effect on share prices in the stock markets. Alongside the rise in corporate power and deepening economic inequality, the author investigates corporate law reform as a corrective remedy. Beyond Shareholder Value offers an astute analysis of key topics such as corporate incentive structures that reward executives for delivering shareholder value and permissive rules that enable companies to issue shares at will at rising valuations. P.M. Vasudev explores the laws intended to protect stakeholders and deftly unpacks the shortcomings in employment-related laws and antitrust enforcement. Demonstrating how alternative dispute resolution can be used to promote stakeholder governance, the book explains how the overly broad business judgment rule impedes effective adjudication of complex stakeholder disputes. This insightful book offers a new perspective on stakeholder governance, and will prove indispensable reading for academics and legal researchers working in the field of corporate law and governance. Its innovative approach will also benefit practitioners and policy makers alike"-- Provided by publisher.
Source of Description Description based on print record.
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