Abstract

http://ssrn.com/abstract=1905783
 


 



Discourse Norms as Default Rules: Structuring Corporate Speech to Multiple Stakeholders


David G. Yosifon


Santa Clara University - School of Law

August 5, 2011

Health Matrix: Journal of Law-Medicine, Vol. 21, No. 89, 2011
Santa Clara Univ. Legal Studies Research Paper No. 16-11

Abstract:     
This Article analyzes corporate speech problems through the framework of corporate law. The focus here is on the “discourse norms” that regulate corporate speech to various corporate stakeholders, including shareholders, workers, and consumers. I argue that these “discourse norms” should be understood as default terms in the “nexus-of-contracts” that comprises the corporation. Having reviewed the failure of corporate law as it bears on the interests of non-shareholding stakeholders such as workers and consumers, I urge the adoption of prescriptive discourse norms as an approach to reforming corporate governance in a socially useful manner.

Number of Pages in PDF File: 42

Keywords: corporate law, corporate theory, fiduciary duty, nexus-of-contracts,discourse norms, corporate social responsibility, corporate governance, stakeholderism, integrity, consumers, consumption

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Date posted: August 5, 2011 ; Last revised: September 18, 2011

Suggested Citation

Yosifon, David G., Discourse Norms as Default Rules: Structuring Corporate Speech to Multiple Stakeholders (August 5, 2011). Health Matrix: Journal of Law-Medicine, Vol. 21, No. 89, 2011; Santa Clara Univ. Legal Studies Research Paper No. 16-11. Available at SSRN: http://ssrn.com/abstract=1905783

Contact Information

David G. Yosifon (Contact Author)
Santa Clara University - School of Law ( email )
500 El Camino Real
Santa Clara, CA 95053
United States
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