Corporate governance and directors' liabilities : legal, economic, and sociological analyses on corporate social responsibility

Abstract

Digitised version produced by the EUI Library and made available online in Open Access in 2021 for research or private study purposes ; This book on Corporate Governance is an attempt to learn from confrontation. In the pages that follow, we confront different intellectual approaches to private government with each other for the purpose of mutual enrichment. This confrontation occurs in three dimensions: first, as an exchange of diverse national experiences, notably in the form of comparative studies; second, as a debate between diverse theoretical and ideological approaches; and third, as a comparison of concepts and models developed in different disciplines, undertaken here by means of interdisciplinary cooperation. We expect that in all three dimensions this volume will contribute to the inter-national discussion on these topics. As for the exchange of different national discussion on these topics. ; Chapter I : Theoretical framework and legal foundations -- The legal development of corporate responsibility : for whom will corporate managers be trustees?, Lord Wedderburn -- The economic context of corporate social responsibility, Jerry L. Mashaw -- Resonsibility in corporate action : a sociologist's view, James S. Coleman -- Chapter II : Strategies of institutionalizing corporate social responsibility -- Corporate social responsibility : interests and goals, Detlef Krause -- Public interest representation : economic and social policy insdie the enterprise, Christopher D. Stone -- Chapter III : Directors' duties and liabilities -- Corporate fiduciary duties and their beneficiaries : a functional approach to the legal institutionalization of corporate responsibility, Gunther Teubner -- The economic function of corporate liability, Reinier Kraakman -- Board members' liability for damages, Bernhard Gomard -- The private law enforcement of directors' duties, Anthony J. Boyle -- Chapter IV : Disclosure and social reporting -- Self-dealing and the use of corporate opportunity and information : regulating directors' conflicts of interest, Klaus J. Hopt -- Disclosure as preventive enforcement, Louis Loss -- Disclosure, insider information and capital market functions, Hartmut Schmidt -- Corporate social reporting and auditing : theory and practice, Meinolf Dierkes -- Rescue operations in business crises : management's role in economic perspective, Johann Heinrich V. Stein -- Chapter V : Outside representation on the boards : conflicts of interest -- The enterprise as a political system, Horst Steinmann -- Dual loyalty of labor representatives, Friedrich K. Kubler