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The coming of shareholder stewardship : a contextual analysis of current Anglo-American perspectives on corporate governance

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Talbot, Lorraine (2010) The coming of shareholder stewardship : a contextual analysis of current Anglo-American perspectives on corporate governance. Working Paper. Coventry: University of Warwick. Warwick School of Law Research Paper (Number 2010/22).

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Official URL: http://ssrn.com/abstract=1676869

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Abstract

In recent years there have been two parallel discussions taking place in the US and in the UK about the role which institutional shareholders should play in governing the corporation. In the US this discussion is around the idea of shareholder empowerment, in the UK it is around shareholder stewardship. This paper assesses this discussion and its origins contextually and argues that increased shareholder involvement is a retrograde step which will only exacerbate the problems created by previous governance perspectives orientated around shareholder interests.

Item Type: Working or Discussion Paper (Working Paper)
Divisions: Faculty of Social Sciences > School of Law
Series Name: Warwick School of Law Research Paper
Publisher: University of Warwick
Place of Publication: Coventry
Official Date: 14 September 2010
Dates:
DateEvent
14 September 2010Published
Number: Number 2010/22
Number of Pages: 47
Institution: University of Warwick
Status: Peer Reviewed
Publication Status: Published
Access rights to Published version: Open Access
Open Access Version:
  • SSRN

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