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Shareholder primacy in cl.173 of the Company Law Bill 2006

Arsalidou, Demetra ORCID: https://orcid.org/0000-0002-8057-624X 2007. Shareholder primacy in cl.173 of the Company Law Bill 2006. The Company Lawyer 28 (3) , pp. 67-69.

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Abstract

Looks at the Companies Bill 2006 cl.173, the new statutory formulation on the duty of directors to act in the way they consider, in good faith, would be most likely to promote the company's success for the benefit of its members as a whole, and the need for directors to consider the principle of "enlightened shareholder value". Considers whether the Bill improves the protection of stakeholders and explores directors' environmental and social requirements in light of the Bill, including the adequacy of the market's role.

Item Type: Article
Date Type: Publication
Status: Published
Schools: Law
Subjects: K Law > K Law (General)
K Law > KD England and Wales
Uncontrolled Keywords: Corporate social responsibility; Directors' powers and duties; Shareholders; Stakeholders
Publisher: Sweet and Maxwell
ISSN: 0144-1027
Last Modified: 25 Oct 2022 08:42
URI: https://orca.cardiff.ac.uk/id/eprint/54003

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