This paper was written for a Festschrift in honour of Rolf Skog.
Concepts of corporate purpose which have risen to the fore recently emphasize a point...
In the last few years, there has been a dramatic increase in shareholder engagement on environmental and social issues. In some cases shareholders are...
This article argues that corporate purpose should be put at the heart of corporate law. It addresses the objections to this that there is little that...
What is the appropriate objective function for a firm? We analyze this question for the case where shareholders are prosocial and externalities are not...