Enlightened shareholder value: did directors deliver?

Grier, Nicholas

Abstract

S.172 of the Companies Act 2006 was meant to encourage company directors to behave properly. The evidence is that the wording of s.172 was well intentioned but naive, and that market forces and simpler wording would be more effective.

Citation

Grier, N. (2014). Enlightened shareholder value: did directors deliver?. Juridical Review, 95,

• Journal Article Type: Article
• Publication Date: 2014
• Deposit Date: Jun 19, 2014
• Publicly Available Date: Dec 31, 2014
• Journal: Juridical Review
• Print ISSN: 0022-6785
• Publisher: Sweet and Maxwell
• Peer Reviewed: Peer Reviewed
• Volume: 95
• Keywords: Companies Act; company directors; company law; shareholders; stakeholders; s.172(1)
• Public URL: http://researchrepository.napier.ac.uk/id/eprint/6897