Reforms to Corporate Governance

Ciaran Driver and Paul Temple

Chapter 7 in The Unbalanced Economy, 2012, pp 132-144 from Palgrave Macmillan

Abstract: Abstract Macroeconomic and industrial policies are not the only — and maybe not even the most important — ingredients for economic success. Company boards set decisions that can unleash or constrain growth and when these individual decisions are closely correlated they may even be decisive for the macroeconomic growth rate. Company boards, in turn, are conditioned and constrained by custom and law and in particular by the duties of directors. Whether the duties of directors are defined narrowly as primarily to shareholders, or are more pluralist, extending to other stakeholders, is one of the great issues of corporate governance.1

Keywords: Corporate Social Responsibility; Corporate Governance; Institutional Investor; Pension Fund; Post Bargaining (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-27179-2_7

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DOI: 10.1057/9781137271792_7

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