Shareholder primacy: the main barrier to sustainable companies

Sjafjell, Beate, Johnston, Andrew, Anker-Sorensen, Linn and Millon, David 2015, Shareholder primacy: the main barrier to sustainable companies. In Sjafjell, Beate and Richardson, Benjamin J. (ed), Company law and sustainability: legal barriers and opportunities, Cambridge University Press, Cambridge, Eng., pp.79-147.

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Title Shareholder primacy: the main barrier to sustainable companies
Author(s) Sjafjell, Beate
Johnston, Andrew
Anker-Sorensen, Linn
Millon, David
Title of book Company law and sustainability: legal barriers and opportunities
Editor(s) Sjafjell, Beate
Richardson, Benjamin J.
Publication date 2015
Chapter number 3
Total chapters 8
Start page 79
End page 147
Total pages 69
Publisher Cambridge University Press
Place of Publication Cambridge, Eng.
Summary While we may well agree that the company is an ingenious invention,we also know that ‘business as usual’ is not viable if we wish to preservethe very basis of our existence. Our own well-being and that of futuregenerations depend on companies, the dominant form of business, contributingto the transformation towards sustainability. As explained in theIntroduction to this book, the hypothesis informing the work of the SustainableCompanies Project is that regulation or governance of businessdecision-making should be included in the toolbox for sustainability. Acomparative analysis of core company law – the rules regulating the identityof corporate decision-makers, and the aims of, and any limitationson, those decisions – is essential to evaluate whether there is a realisticprospect of integrating sustainable development, and especially its environmentaldimensions, into corporate decision-making.
ISBN 9781107043275
Language eng
Indigenous content off
Field of Research 1801 Law
Socio Economic Objective 0 Not Applicable
HERDC Research category B1.1 Book chapter
ERA Research output type B Book chapter
Copyright notice ©2015, Cambridge University Press
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Document type: Book Chapter
Collections: Faculty of Business and Law
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