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Director Versus Shareholder Primacy: New Zealand and USA Compared.

Authors :
BAINBRIDGE, STEPHEN M.
Source :
New Zealand Law Review; 2014, Issue 4, p551-573, 23p
Publication Year :
2014

Abstract

The article compares and contrasts the models of shareholders primacy and director's primacy under the corporate law of New Zealand and the U.S. Topics discussed include the corporate objectives and social role of firms in both countries such shareholder's wealth maximization, the significance of the stakeholder models of corporate governance that enhances the corporate social responsibility of firms, and the separation of ownership and control rights in the U.S. Corporate law.

Details

Language :
English
ISSN :
11735864
Issue :
4
Database :
Supplemental Index
Journal :
New Zealand Law Review
Publication Type :
Academic Journal
Accession number :
101203162