Event Description
One of the central controversies in corporate legal scholarship is whether corporate law is converging on a "shareholder primacy" model of corporate governance. Certain scholars have argued that jurisdictions around the world have adopted a corporate law paradigm that emphasizes, if not requires, shareholder value maximization. Other scholars have argued that a variety of jurisdictions allow directors to consider broader social interests, even at the expense of shareholder wealth. What unites these arguments is an absence of systematic evidence. This presentation will discuss preliminary findings from an empirical study of directors' duties and shareholders' rights in 50 countries.
Speaker
- Allard School of Law
- All Students
- Faculty
- Graduate Students
- JD
- Staff
- Research Talks