''Corporate Power and Responsibility: Issues in the Theory of Company Law'' (1993) is a seminal book in
UK company law
The United Kingdom company law regulates corporations formed under the Companies Act 2006. Also governed by the Insolvency Act 1986, the UK Corporate Governance Code, European Union Directives and court cases, the company is the primary lega ...
by
J.E. Parkinson. Its focus is
corporate governance
Corporate governance is defined, described or delineated in diverse ways, depending on the writer's purpose. Writers focused on a disciplinary interest or context (such as accounting, finance, law, or management) often adopt narrow definitions ...
from a progressive perspective which charts the flaws and maps the reforms needed to match the responsibility modern corporations have to their
responsibility.
Contents
:1.
Corporate power
In social science and economics, corporate capitalism is a capitalist marketplace characterized by the dominance of hierarchical and bureaucratic corporations.
Overview
A large proportion of the economy of the United States and its labour marke ...
:2.
Ownership, control and the pursuit of
profit
:3. The legal control of management discretion
:4. Managerial
efficiency
:5. Reinforcing and challenging the legal model
:6. Corporate governance: shareholder democracy and the
monitoring board
:7. Management
self dealing
:8. The enforcement of directors' duties
:9.
Social responsibility
Social responsibility is an ethical framework in which an individual is obligated to work and cooperate with other individuals and organizations for the benefit of the community that will inherit the world that individual leaves behind.
Social ...
within the current legal fabric
:10. An evaluation of profit sacrificing social responsibility
:11. Strengthening the constraints
:12. The democratic imperative: beyond social responsibility
See also
*
Globalization
Globalization, or globalisation (English in the Commonwealth of Nations, Commonwealth English; American and British English spelling differences#-ise, -ize (-isation, -ization), see spelling differences), is the process of foreign relation ...
Notes
{{reflist, 2
Literature
*
Adolf Berle
Adolf Augustus Berle Jr. (; January 29, 1895 – February 17, 1971) was an American lawyer, educator, writer, and diplomat. He was the author of ''The Modern Corporation and Private Property'', a groundbreaking work on corporate governance, a prof ...
and
Gardiner Means
Gardiner Coit Means (June 8, 1896 in Windham, Connecticut – February 15, 1988 in Vienna, Virginia) was an American economist who worked at Harvard University, where he met lawyer-diplomat Adolf A. Berle. Together they wrote the seminal work of ...
, ''The Modern Corporation and Private Property'' (1932)
*Brian Cheffins, ''Company law: Theory, Structure and Operation'' (1998)
United Kingdom company law