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- Title
ENLIGHTENED SHAREHOLDER VALUE IN UK COMPANY LAW.
- Authors
Williams, Richard
- Abstract
The article reflects on the 'enlightened shareholder value' as stated in of Great Britain's Companies Act 2006 which requires the corporate directors to perform work that aids in the success of the company. It mentions the principles of the act regarding the duty of directors which include interest of employees, decision's impact on business relations with suppliers and business conduct. It highlights that the standard protect the interest of stakeholders.
- Subjects
UNITED Kingdom; BUSINESS enterprise laws; LEGAL status of corporate directors; STAKEHOLDERS; EMPLOYEES; INDUSTRIAL relations
- Publication
University of New South Wales Law Journal, 2012, Vol 35, Issue 1, p360
- ISSN
0313-0096
- Publication type
Article