In 2008, the Supreme Court of Canada handed down the most important corporate law decision in our lifetime: BCE v. 1976 Debentureholders. It changed the nature of the central duty in corporate law — the fiduciary duty — from one owed exclusively to shareholders to one owed to a wide range of other constituencies such as employees, customers, lenders, communities, and even the environment. Professor Bryce Tingle will consider questions including did corporate behaviour change following the BCE decision? If it didn’t, why didn’t it change? What can we learn about the chances for success of our current efforts to use corporate law to promote better outcomes for non-shareholder groups?
This panel is being presented by the Centre for Business Law at the Peter A. Allard School of Law at the University of British Columbia (UBC).
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