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University of Michigan Law School

Series

1985

Business Organizations Law

Corporate purpose

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Full-Text Articles in Law

How Should We Talk About Corporations? The Languages Of Economics And Of Citizenship, James Boyd White Jan 1985

How Should We Talk About Corporations? The Languages Of Economics And Of Citizenship, James Boyd White

Articles

My immediate subject in this Comment is section 2.01 of the American Law Institute's proposed Principles of Corporate Governance (Tentative Draft No. 2), which defines in general terms the proper objectives and conduct of a business corporation. My larger subject has to do with the adequacy and inadequacy of various languages in which corporate purĀ­poses and limits might be expressed, and especially with the limits of the economic language used in the ALI Draft.