Shareholder advocacy and the development of the corporation: The timeless dilemmas of an age-old solution

Research output: Chapter in Book/Report/Conference proceedingChapter

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Abstract

Executives lining their own pockets! Corporate directors profiting from insider dealing! Cozy arrangements between business and government being exploited to eliminate competition! Shareholder lawsuits filed in protest-and counteraccusations that the agitators are simply promoting a nefarious short-selling scheme! Sounds like yet another sordid chapter in the financial crisis that gripped the world for two years. In fact, it is a 400-year-old story demonstrating that problems of corporate malfeasance are as old as the corporation itself. And, more specifically, it is a story that highlights the complex issues surrounding the active participation of shareholders in the governance of corporations.

Original languageEnglish (US)
Title of host publicationOrigins of Shareholder Advocacy
PublisherPalgrave Macmillan
Pages1-26
Number of pages26
ISBN (Electronic)9780230116665
ISBN (Print)9780230107328
DOIs
StatePublished - Jan 1 2011

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ASJC Scopus subject areas

  • Social Sciences(all)
  • Economics, Econometrics and Finance(all)
  • Business, Management and Accounting(all)

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