Directing public companies : company law and the stockholder society

This book examines the legal duties of Directors Of Public Companies in the light of the stakeholder approach to the firm. It considers the theory that directors are not simply agents of corporate shareholders, but have a duty to take into consideration and, where appropriate, balance the interests of several constituencies, each of which has a legitimate stake in the company, its activities and its development. This book is essentially the first to relate the stake holding arguments and Third Way politics, as popularised by commentators such as Will Hutton and Anthony Giddens, to the prospects for reform of company law in an authoritative but accessible format. It is an ideal text for company law, business and politics students, both undergraduate and postgraduate, and will also provide companies with a straightforward and welcome guide to this often-complex area, particularly to the important issues of accountability and regulation. BOOK COVER......Page 1 TITLE......Page 4 COPYRIGHT......Page 5 Preface......Page 6 Acknowledgments......Page 10 CONTENTS......Page 12 Table of Cases......Page 16 Table of Legislation......Page 20 Table of Statutory Instruments......Page 22 1 INTRODUCTION STAKEHOLDING AND COMPANY LAW......Page 24 2 THE NATURE OF THE COMPANY......Page 52 3 THE ROLE OF DIRECTORS......Page 84 4 STAKEHOLDING THEORY......Page 116 5 DIRECTORS DUTIES IN LEGISLATION......Page 144 6 REMEDIES FOR BREACH OF DIRECTORS DUTIES......Page 174 7 EUROPEAN CORPORATE GOVERNANCE MODELS......Page 204 8 PUBLIC COMPANY OFFICERS AND COMPANY LAW REFORM......Page 232 9 CONCLUSION THE FUTURE OF UK COMPANY LAW......Page 274 APPENDIX 1......Page 302 APPENDIX 2......Page 304 BIBLIOGRAPHY Books......Page 306 Index......Page 328 Company Law BOOK COVER 1 TITLE 4 COPYRIGHT 5 Preface 6 Acknowledgments 10 CONTENTS 12 Table of Cases 16 Table of Legislation 20 Table of Statutory Instruments 22 1 INTRODUCTION STAKEHOLDING AND COMPANY LAW 24 2 THE NATURE OF THE COMPANY 52 3 THE ROLE OF DIRECTORS 84 4 STAKEHOLDING THEORY 116 5 DIRECTORS DUTIES IN LEGISLATION 144 6 REMEDIES FOR BREACH OF DIRECTORS DUTIES 174 7 EUROPEAN CORPORATE GOVERNANCE MODELS 204 8 PUBLIC COMPANY OFFICERS AND COMPANY LAW REFORM 232 9 CONCLUSION THE FUTURE OF UK COMPANY LAW 274 APPENDIX 1 302 APPENDIX 2 304 BIBLIOGRAPHY Books 306 Index 328 Examines the legal duties of Directors Of Public Companies in the light of the stake holder approach to the firm. It is useful for company law, business and politics students, and also provides companies with a guide to this often-complex area, particularly to the important issues of accountability and regulation. Janice Dean. Includes Bibliographical References (p. 283-303) And Index.