Corporations, Globalisation and the Law series
DANIEL ATTENBOROUGH:1 This is a question for Andrew Keay. I often think that it is very easy to be negative about enlightened shareholder value and to say that it has actually achieved very little, or nothing, in law but is it fair to suggest that the word ‘enlighten’ is a very subtle, gentle term, particularly if you compare it against the vigour and striking nature of such terms as ‘maximization’ or ‘primacy’. As I said, the word enlightened is a rather delicate or subtle term and it does imply only a modest, rather than wholesale change, so I wonder whether you agree that enlightened shareholder value has in fact precipitated a welcome
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.