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1993

Law and Contemporary Problems

Pensions

Articles 1 - 2 of 2

Full-Text Articles in Law

Pensions And Passivity, Gregory S. Alexander Jan 1993

Pensions And Passivity, Gregory S. Alexander

Law and Contemporary Problems

The corporate pension system as a mode of owning pooled capital is examined as a new stage of passive ownership. Passive ownership disaggregates beneficial property rights away from ownership's control and management functions.


Comment: Passions And Passivity, Bruce A. Wolk Jan 1993

Comment: Passions And Passivity, Bruce A. Wolk

Law and Contemporary Problems

Gregory S. Alexander's argument that pension funds, which are passively owned, can act as a device for achieving workplace democracy is criticized. It is argued that Alexander places the wrong emphasis on the relationship between property ownership and public responsibility.