Corporate Law, Corporate Governance and the Pursuit of Sustainability
In Beate Sjåfjell and Christopher M. Bruner (eds), Cambridge Handbook of Corporate Law, Corporate Governance and Sustainability (Cambridge University Press, 2019), Chapter 50.
University of Oslo Faculty of Law Research Paper No. 2019-52
Posted: 8 May 2019 Last revised: 15 Jun 2020
Date Written: May 6, 2019
Abstract
This chapter concludes the Handbook, returning to the research questions set out in the introduction. Drawing from the various contributions to the Handbook, this concluding chapter assesses the mismatch between global markets and territorially rooted national regulation; the impact of shareholder-orientation upon the achievement of corporate sustainability; salient trends in the organization of corporate firms, commercial markets, and financial systems; the status of various innovations in corporate law and governance and their capacity to achieve corporate sustainability; and areas where we consider the need for further research to be particularly pressing.
Keywords: cross-border regulatory coordination, organizational complexity, corporate law reform, shareholder primacy, strong sustainability
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