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- Title
USE OF THE CORPORATE FORM FOR PUBLIC BENEFIT - REVITALISATION OF AUSTRALIAN CORPORATIONS LAW.
- Authors
LANGFORD, ROSEMARY TEELE
- Abstract
This article specifically addresses the theme of revitalisation of Australian law in the facilitation of purpose-based companies. It is the second of two articles on purpose-based governance in the charitable and for-profit spheres. Building on the first article, this article critically analyses relevant features of the Australian corporations law regime. It pays close attention to challenges relating to the application of directors' duties where companies have multiple purposes and to the drafting of appropriate constitutional provisions. In so doing it draws on insights from overseas jurisdictions that have enacted legislation to enable purpose-based companies.
- Subjects
ALTRUISM; CORPORATIONS; JURISDICTION; LEGISLATION; LAW
- Publication
University of New South Wales Law Journal, 2020, Vol 43, Issue 3, p977
- ISSN
0313-0096
- Publication type
Article
- DOI
10.53637/eryj2395