Beyond shareholder value : a framework for stakeholder governance / P.M. Vasudev, (Associate Professor, Faculty of Law, University of Ottawa, Canada).

Northampton : Edward Elgar Publishing, 2021.

1 online resource (432 pages).

Corporations, globalisation, and the law.

"This timely and engaging book examines how maximising shareholder value has played a dominant role in corporate governance over recent decades, and analyses the resulting effect on share prices in the stock markets. Alongside the rise in corporate power and deepening economic inequality, the author investigates corporate law reform as a corrective remedy. Beyond Shareholder Value offers an astute analysis of key topics such as corporate incentive structures that reward executives for delivering shareholder value and permissive rules that enable companies to issue shares at will at rising valuations. P.M. Vasudev explores the laws intended to protect stakeholders and deftly unpacks the shortcomings in employment-related laws and antitrust enforcement. Demonstrating how alternative dispute resolution can be used to promote stakeholder governance, the book explains how the overly broad business judgment rule impedes effective adjudication of complex stakeholder disputes. This insightful book offers a new perspective on stakeholder governance, and will prove indispensable reading for academics and legal researchers working in the field of corporate law and governance. Its innovative approach will also benefit practitioners and policy makers alike"-- Provided by publisher.

Includes bibliographical references and index.

Description based on print record.

www

Elgaronline.

English

9781800375772 (e-book)

Monographs & Serials
Electronic Resources