This book examines the legal duties of Directors Of Public Companies in the light of the stakeholder approach to the firm. It considers the theory that directors are not simply agents of corporate shareholders, but have a duty to take into consideration and, where appropriate, balance the interests of several constituencies, each of which has a legitimate stake in the company, its activities and its development. This book is essentially the first to relate the stake holding arguments and Third Way politics, as popularised by commentators such as Will Hutton and Anthony Giddens, to the prospects for reform of company law in an authoritative but accessible format. It is an ideal text for company law, business and politics students, both undergraduate and postgraduate, and will also provide companies with a straightforward and welcome guide to this often-complex area, particularly to the important issues of accountability and regulation.
Author(s): Dean, Janice Dean
Edition: 1st
Year: 2003
Language: English
Pages: 300
BOOK COVER......Page 1
TITLE......Page 4
COPYRIGHT......Page 5
Preface......Page 6
Acknowledgments......Page 10
CONTENTS......Page 12
Table of Cases......Page 16
Table of Legislation......Page 20
Table of Statutory Instruments......Page 22
1 INTRODUCTION STAKEHOLDING AND COMPANY LAW......Page 24
2 THE NATURE OF THE COMPANY......Page 52
3 THE ROLE OF DIRECTORS......Page 84
4 STAKEHOLDING THEORY......Page 116
5 DIRECTORS DUTIES IN LEGISLATION......Page 144
6 REMEDIES FOR BREACH OF DIRECTORS DUTIES......Page 174
7 EUROPEAN CORPORATE GOVERNANCE MODELS......Page 204
8 PUBLIC COMPANY OFFICERS AND COMPANY LAW REFORM......Page 232
9 CONCLUSION THE FUTURE OF UK COMPANY LAW......Page 274
APPENDIX 1......Page 302
APPENDIX 2......Page 304
BIBLIOGRAPHY Books......Page 306
Index......Page 328