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The Progressive Possibility Of Corporate Law, Kent Greenfield

Kent Greenfield

In this article, I wish to argue that we find ourselves, at least in the United States and perhaps world-wide, in an unusual and special moment in the intellectual history of corporate law. I believe there is more openness to re-thinking corporate law than any time in a generation. And I do not only mean the parts of corporate law governing executive compensation or the due diligence required when facing a merger proposal. I also mean an openness to discuss the questions of first principle: What are corporations for? Who owns them? What are their obligations to society in general? …