The Sustainable Corporation and Shareholder Profits

19 Pages Posted: 3 Feb 2011 Last revised: 11 Oct 2011

Date Written: February 1, 2011

Abstract

What is a sustainable corporation and why aren’t there more of them? This Article argues that corporate law’s conventional focus on shareholder profits stifles sustainability efforts inasmuch as sustainable corporations take a broader view of the firm and its goals. The Article also weighs alternatives for increasing sustainable corporations’ numbers and encouraging corporations of all stripes to act more sustainably. These include imposing sustainability on corporations, requiring or encouraging sustainability disclosures, and raising awareness that sustainable business practices fully comport with corporate laws and even typically enhance long-term firm value for all of a corporation’s stakeholders.

Suggested Citation

Sneirson, Judd F., The Sustainable Corporation and Shareholder Profits (February 1, 2011). Wake Forest Law Review, Vol. 46, p. 541, 2011; Hofstra Univ. Legal Studies Research Paper No. 11-05. Available at SSRN: https://ssrn.com/abstract=1753266

Judd F. Sneirson (Contact Author)

Savannah Law School ( email )

7426 Hodgson Memorial Drive
Savannah, GA 31406
United States
912 525 3918 (Phone)

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