Scrooge - the reluctant stakeholder: theoretical problems in the stakeholder-shareholder debate

Sheehy, B 2005, 'Scrooge - the reluctant stakeholder: theoretical problems in the stakeholder-shareholder debate', University of Miami Business Law Review, vol. 14, no. 1, pp. 193-241.


Document type: Journal Article
Collection: Journal Articles

Title Scrooge - the reluctant stakeholder: theoretical problems in the stakeholder-shareholder debate
Author(s) Sheehy, B
Year 2005
Journal name University of Miami Business Law Review
Volume number 14
Issue number 1
Start page 193
End page 241
Total pages 48
Publisher University of Miami, School of Law
Abstract Corporations law around the world is moving in the direction of the shareholder primacy model, common in the USA and other common law countries. Lawyers, academics and public policy analysts are divided as to the merits of the model and its main competitor, the stakeholder model. The gist of arguments usually hinge on economics. This article examines the claims for and against the two models on their own terms, and suggests that law has a unique contribution to make to the development of the corporation and society.
Subject Corporations and Associations Law
Copyright notice © 2003 by the author
ISSN 1047-2819
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