Corporate Power and Responsibility

Corporate Power and Responsibility: Issues in the Theory of Company Law (1993) is a seminal book in UK company law by J.E. Parkinson. Its focus is corporate governance from a progressive perspective which charts the flaws and maps the reforms needed to match the responsibility modern corporations have to their responsibility.

Contents

 * 1. Corporate power
 * 2. Ownership, control and the pursuit of profit
 * 3. The legal control of management discretion
 * 4. Managerial efficiency
 * 5. Reinforcing and challenging the legal model
 * 6. Corporate governance: shareholder democracy and the monitoring board
 * 7. Management self dealing
 * 8. The enforcement of directors' duties
 * 9. Social responsibility within the current legal fabric
 * 10. An evaluation of profit sacrificing social responsibility
 * 11. Strengthening the constraints
 * 12. The democratic imperative: beyond social responsibility

Literature

 * Adolf Berle and Gardiner Means, The Modern Corporation and Private Property (1932)
 * Brian Cheffins, Company law: Theory, Structure and Operation (1998)