911
A01=Kent Greenfield
accountability
Author_Kent Greenfield
business
Category=LNCD
common good
corporate governance
corporation
delaware
democracy
economics
economy
eq_isMigrated=1
eq_nobargain
fraud
government
industry
irrationality
judgement
law
legal
legislation
management
necessity
nonfiction
policy
public interest
regulation
responsibility
shareholders
stakeholders
stock
wealth
Product details
- ISBN 9780226306933
- Weight: 624g
- Dimensions: 16 x 24mm
- Publication Date: 01 Feb 2007
- Publisher: The University of Chicago Press
- Publication City/Country: US
- Product Form: Hardback
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"The Failure of Corporate Law" returns corporate law to a system in which the public has a greater say in how firms are governed. Kent Greenfield maintains that the laws controlling firms should be much more protective of the public interest and of the corporation's various stakeholders. Only when the law of corporations is evaluated as a branch of public law - as with constitutional law or environmental law - will it be clear what types of changes can be made in corporate governance to improve the common good. Greenfield proposes changes in corporate governance that would enable corporations to meet the progressive goal of creating wealth for society as a whole rather than merely for shareholders and executives.
Kent Greenfield is professor of law at Boston College Law School and served as a law clerk under Supreme Court Justice David H. Souter.
