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Luca Cerioni Dr.

2008

Corporations

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Corporate Governance: The Oecd Principles, The Scope For A “Model Of The Successful Company”, And A New Challenge For The Company Law Agenda And The Broader Regulatory Agenda, Luca Cerioni Feb 2008

Corporate Governance: The Oecd Principles, The Scope For A “Model Of The Successful Company”, And A New Challenge For The Company Law Agenda And The Broader Regulatory Agenda, Luca Cerioni

Luca Cerioni Dr.

The OECD Principles of Corporate Governance, and the Methodology for assessing their implementation, seem to support those academic contributions which overcome the classic distinction between the shareholders primacy and the stakeholders’ models of companies; they also appear to require a re-conceptualisation of the interests involved and not simply a model of company, but a model of the successful company. This paper proposes such a model, and asserts its validity from a property rights perspective and from a human rights perspective. It subsequently argues that shaping of a corporate governance framework based on this model would raise a key challenge for …