[PDF] The Enlightened Shareholder Value Principle and Corporate Governance (Routledge Research in Corporate Law)






 | #2592893 in eBooks |  2012-09-10 |  2012-09-10 | File Name: B009C693QA


|| ||"In sum, the book constitutes a distinctive and welcome contribution to the literature on the law of directors’ duties and corporate objectives. […] its lucid argument and clarity of expression nonetheless make it eminently suited to feature on

The enlightened shareholder value principle (ESV) was formulated during the comprehensive review of UK company law by the Company Law Steering Group in the late 1990s and early 2000’s and requires directors of companies to act in the collective best interests of shareholders. The principle was taken up by the then UK Government and is now embedded in the Companies Act 2006. The emergence of the principle constitutes an important development in corporate governa...


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