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Full-Text Articles in International Law
The Rights And Wrongs Of Shareholder Rights, Will Hutton, Colin Mayer, Philippe Schneider
The Rights And Wrongs Of Shareholder Rights, Will Hutton, Colin Mayer, Philippe Schneider
Seattle University Law Review
The company is a legal structure designed to bring together the different parties of a firm—its employees, investors, customers, and suppliers—in the delivery of its corporate purpose. Corporations were established as institutions with autonomous lives—self-standing, legal entities independent of those who worked, financed, and managed them. They were devices to ensure long-term commitment to shared goals and risks, with reciprocal obligations on those engaged in them. A company had to declare its purpose before earning a licence to trade. For example, the East India Company, England’s earliest public company, to issue shares to the public as permanent capital, was given …