Company Law and Sustainability

Legal Barriers and Opportunities

Beate Sjåfjell, Benjamin J. Richardson (Herausgeber)

Buch | Hardcover

374 Seiten

2015
Cambridge University Press (Verlag)
978-1-107-04327-5 (ISBN)

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Business law, and above all company law, must be transformed to encourage environmentally responsible business. This book highlights the inadequacies of both environmental law and voluntary corporate social responsibility. Its suggestions for reform and its multinational scope makes it essential reading for scholars, policy-makers and business managers worldwide.

This investigation of the barriers to and opportunities for promoting environmental sustainability in company law provides an in-depth comparative analysis of company law regimes across the world. The social norm of shareholder primacy is the greatest barrier preventing progress, and it also helps explain why voluntary action by companies and investors is insufficient. By deconstructing the myth that shareholder primacy has a legal basis and challenging the economic postulates on which mainstream corporate governance debate is based, Company Law and Sustainability reveals a surprisingly large unexplored potential within current company law regimes for companies to reorient themselves towards sustainability. It also suggests possible methods of reforming the existing legal infrastructure for companies and provides an important contribution to the broader debate on how to achieve sustainability.

Beate Sjåfjell heads the international network of scholars in the Sustainable Companies Project, on which much of the groundbreaking research in this book is based. Professor Sjåfjell is also the head of the University of Oslo's research group Companies, Markets, Society and the Environment (jus.uio.no/companies) as well as of its European Law Network. Benjamin J. Richardson is Professor of Environmental Law at the Faculty of Law and Institute for Marine and Antarctic Studies, University of Tasmania. His teaching and scholarship covers climate change law, socially responsible investment, corporate social responsibility, and Aboriginal legal issues.

List of contributors; Foreword; Preface; 1. Capitalism, the sustainability crisis and the limitations of current business governance Benjamin J. Richardson and Beate Sjåfjell; 2. Corporate social responsibility and environmental sustainability David Millon; 3. Shareholder primacy: the main barrier to sustainable companies Beate Sjåfjell, Andrew Johnston, Linn Anker-Sørensen and David Millon; 4. The role of board directors in promoting environmental sustainability Blanaid Clarke; 5. Accounting, auditing and reporting: supporting or obstructing the sustainable companies objective? Charlotte Villiers and Jukka Mähönen; 6. Financial markets and socially responsible investing Benjamin J. Richardson; 7. Limits to corporate reform and alternative legal structures Carol Liao; 8. The future for company law and sustainability Beate Sjåfjell and Benjamin J. Richardson; Index.

Erscheint lt. Verlag	21.5.2015
Verlagsort	Cambridge
Sprache	englisch
Maße	152 x 229 mm
Gewicht	670 g
Themenwelt	Naturwissenschaften ► Biologie ► Ökologie / Naturschutz
	Recht / Steuern ► EU / Internationales Recht
	Recht / Steuern ► Öffentliches Recht ► Umweltrecht
	Recht / Steuern ► Wirtschaftsrecht ► Gesellschaftsrecht
	Wirtschaft ► Betriebswirtschaft / Management ► Unternehmensführung / Management
ISBN-10	1-107-04327-1 / 1107043271
ISBN-13	978-1-107-04327-5 / 9781107043275
Zustand	Neuware