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"Enlightened Shareholder Value": Corporate Governance Beyond The Shareholder-Stakeholder Divide, Virginia E. Ho
"Enlightened Shareholder Value": Corporate Governance Beyond The Shareholder-Stakeholder Divide, Virginia E. Ho
Virginia E Ho
The global financial crisis has led to calls for greater corporate accountability and heightened controls over public corporations. As a result, the past year has seen a marked increase in regulatory initiatives that give shareholders a greater voice in corporate affairs. While debate continues to rage in the academy and beyond over the promise and pitfalls of shareholder empowerment, an important undercurrent in the controversy is the potential impact of "shareholder democracy" on corporate stakeholders.
This Article urges a vision of the corporation and its purpose that transcends the shareholder-stakeholder divide. Under this "enlightened shareholder value" approach, which has been …
"Enlightened Shareholder Value": Corporate Governance Beyond The Shareholder-Stakeholder Divide, Virginia E. Harper Ho
"Enlightened Shareholder Value": Corporate Governance Beyond The Shareholder-Stakeholder Divide, Virginia E. Harper Ho
Virginia E Ho
The global financial crisis has led to calls for greater corporate accountability and heightened controls over public corporations. As a result, the past year has seen a marked increase in regulatory initiatives that give shareholders a greater voice in corporate affairs. While debate continues to rage in the academy and beyond over the promise and pitfalls of shareholder empowerment, an important undercurrent in the controversy is the potential impact of "shareholder democracy" on corporate stakeholders.
This Article urges a vision of the corporation and its purpose that transcends the shareholder-stakeholder divide. Under this "enlightened shareholder value" approach, which has been …