Company Law and Sustainability

Legal Barriers and Opportunities

Beate Sjåfjell (Editor), Benjamin J. Richardson (Editor)

Research output: Book/ReportEdited Book/Anthology

9 Citations (Scopus)

Abstract

This investigation of the barriers to and opportunities for promoting environmental sustainability in company law provides an in-depth comparative analysis of company law regimes across the world. The social norm of shareholder primacy is the greatest barrier preventing progress, and it also helps explain why voluntary action by companies and investors is insufficient. By deconstructing the myth that shareholder primacy has a legal basis and challenging the economic postulates on which mainstream corporate governance debate is based, Company Law and Sustainability reveals a surprisingly large unexplored potential within current company law regimes for companies to reorient themselves towards sustainability. It also suggests possible methods of reforming the existing legal infrastructure for companies and provides an important contribution to the broader debate on how to achieve sustainability.

Original languageEnglish
Place of PublicationCambridge, UK
PublisherCambridge University Press
Number of pages356
ISBN (Electronic)9781107337978
ISBN (Print)9781107043275
DOIs
Publication statusPublished - 2015
Externally publishedYes

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