Resilience

The resumption of shareholder primacy

Alex Proimos*

*Corresponding author for this work

Research output: Contribution to journalArticle

Abstract

The once dominant and inconsiderate player in corporate governance, the shareholder, has faced increasing pressure from its rival stakeholders (creditors and the general public) and their agents (i.e. the management and directors) eager to unproportionately increase their stake. The idea of shareholder primacy in corporate governance is while previously was losing its dominance as corporate law versus stakeholder theory could be set for an even stronger come back.

Original languageEnglish
Pages (from-to)146-151
Number of pages6
JournalCorporate Ownership and Control
Volume5
Issue number2 A
Publication statusPublished - 2008

Keywords

  • Corporate governance
  • Shareholders
  • Stakeholders

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