Corporate Duties to the Public (Introduction)

Corporate Duties to the Public (Cambridge University Press, 2019)

14 Pages Posted: 5 Aug 2019

See all articles by Barnali Choudhury

Barnali Choudhury

University College London - Faculty of Laws

Martin Petrin

University College London - Faculty of Laws

Date Written: 2019

Abstract

In a world where the grocery store may be more powerful than the government and corporations are the governors rather than the governed, the notion of corporations being only private actors is slowly evaporating. Gone is the view that corporations can focus exclusively on maximizing shareholder wealth. Instead, the idea that corporations owe duties to the public is capturing the attention of not only citizens and legislators, but corporations themselves. This book explores the deepening connections between corporations and the public. It explores timely - and often controversial - public issues with which corporations must grapple including the corporate purpose, civil and criminal liability, taxation, human rights, the environment and corruption. Offering readers an encompassing, balanced, and systematic understanding of the most pertinent duties corporations should bear, how they work, whether they are justified, and how they should be designed in the future, the book clarifies corporations' roles vis-à-vis the public.

Keywords: Corporate Duties, Corporation, Corporate Purpose, Liability, Civil, Tort, Enterprise, Criminal, Taxation, Human Rights, Environment, Corruption, Bribery, Multinational

JEL Classification: K10, K13, K14, K20, K22, K32, K33, K34

Suggested Citation

Choudhury, Barnali and Petrin, Martin, Corporate Duties to the Public (Introduction) (2019). Corporate Duties to the Public (Cambridge University Press, 2019). Available at SSRN: https://ssrn.com/abstract=3430042

Barnali Choudhury (Contact Author)

University College London - Faculty of Laws ( email )

Bentham House, Endsleigh Gardens
London, WC1E OEG
United Kingdom

Martin Petrin

University College London - Faculty of Laws ( email )

London WC1E OEG
United Kingdom

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