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Will Corporations Deliver Value to All Stakeholders?

Vanderbilt law review, 2022-05, Vol.75 (4), p.1031-1091 [Peer Reviewed Journal]

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Title:
Will Corporations Deliver Value to All Stakeholders?
Author: Bebchuk, Lucian A ; Tallarita, Roberto
Subjects: Boards of directors ; By-laws ; Capitalism ; Corporate governance ; Digital archives ; Financial statements ; Proposals ; Proxy statements ; Stakeholders ; Stockholders ; Value (Economics)
Is Part Of: Vanderbilt law review, 2022-05, Vol.75 (4), p.1031-1091
Description: Amid growing concerns for the effects that corporations have on stakeholders, supporters of stakeholder governance advocate relying on corporate leaders to use their discretion to protect stakeholders, and they seem to take corporate pledges to do so at face value. By contrast, critics question whether corporate leaders have incentives to protect stakeholders and to follow through on pledges to do so. We provide empirical evidence that can contribute to resolving the debate between these rival views.
Publisher: Nashville: Vanderbilt University, School of Law
Language: English
Identifier: ISSN: 0042-2533
EISSN: 1942-9886
Source: Alma/SFX Local Collection
ProQuest Central

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