Corporate democracy and the rights of shareholders
Some have argued that because of weaknesses in corporate democracy, there is widespread abuse of shareholders' rights in American securities markets. I describe a number of “horror stories” that shareholders might tell to support this claim. Then I argue that despite appearances to the contrary...
Autore principale: | |
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Tipo di documento: | Elettronico Articolo |
Lingua: | Inglese |
Verificare la disponibilità: | HBZ Gateway |
Journals Online & Print: | |
Fernleihe: | Fernleihe für die Fachinformationsdienste |
Pubblicazione: |
Springer
1988
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In: |
Journal of business ethics
Anno: 1988, Volume: 7, Fascicolo: 1, Pagine: 99-108 |
Altre parole chiave: | B
American Security
B Horror Story B Security Market B Economic Growth B Widespread Abuse |
Accesso online: |
Volltext (lizenzpflichtig) |
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520 | |a Some have argued that because of weaknesses in corporate democracy, there is widespread abuse of shareholders' rights in American securities markets. I describe a number of “horror stories” that shareholders might tell to support this claim. Then I argue that despite appearances to the contrary, there is not widespread abuse of shareholders' rights in American securities markets. This is because (i) corporations, when doing things that look abusive, are generally violating neither the legal rights nor the “charter” rights of shareholders and (ii) shareholders — in their role as shareholders — have no other rights than these. | ||
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650 | 4 | |a Horror Story | |
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