RT info:eu-repo/semantics/article
T1 Corporate Governance: shareholders' interests and other stakeholders' interests
A1 Pérez Carrillo, Elena Fátima
A2 Derecho Mercantil
K1 Derecho Mercantil
K1 Shareholders
K1 Stakeholders
K1 Corporate Social Responsibility
K1 5605.03 Derecho Mercantil
AB Much of the traditional Company Law doctrine considers that Corporations must be managed to promote, above all, shareholders’ rights. Activities in favour of non-shareholder constituencies such as suppliers, consumers, employees or the Community at large can be perceived as a means of Management to increase its power and personal prestige. Stakeholders’ interests can be interpreted as opposing Shareholders rights to obtain fair revenue for their investment. In this paper, we argue that Shareholders and Stakeholders interests are compatible and both contribute to corporate long term efficiency and progress. It is further argued that it is essential to achieve a wide consensus on how to control Management actions in support of Stakeholders interests.
SN 1727-9232
LK http://hdl.handle.net/10612/13783
UL http://hdl.handle.net/10612/13783
NO 7 paginas
DS BULERIA. Repositorio Institucional de la Universidad de León
RD 17-may-2024