Shareholder Advocacy and the Development of the Corporation: The Timeless Dilemmas of an Age-old Solution

Jonathan G S Koppell

Chapter Chapter 1 in Origins of Shareholder Advocacy, 2011, pp 1-26 from Palgrave Macmillan

Abstract: Abstract Executives lining their own pockets! Corporate directors profiting from insider dealing! Cozy arrangements between business and government being exploited to eliminate competition! Shareholder lawsuits filed in protest—and counteraccusations that the agitators are simply promoting a nefarious short-selling scheme! Sounds like yet another sordid chapter in the financial crisis that gripped the world for two years. In fact, it is a 400-year-old story demonstrating that problems of corporate malfeasance are as old as the corporation itself. And, more specifically, it is a story that highlights the complex issues surrounding the active participation of shareholders in the governance of corporations.

Keywords: Corporate Governance; Hedge Fund; Shareholder Activism; East India Company; Corporate Form (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-11666-5_1

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DOI: 10.1057/9780230116665_1

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