Reconstructing the Corporation

From Shareholder Primacy to Shared Governance Engelstalig

Grant M. Hayden, Matthew T. Bodie

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Reconstructing the Corporation - Grant M. Hayden, Matthew T. Bodie 1

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Omschrijving

This book critically examines shareholder primacy and its principal manifestation in corporate law: the exclusive shareholder franchise. It presents a new model of corporate governance, fully consistent with economic theory of the firm and democratic participation theory, that supports shared board representation between shareholders and employees.