The Cambridge Handbook of Corporate Law, Corporate Governance and Sustainability

The Cambridge Handbook of Corporate Law, Corporate Governance and Sustainability

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The emerging field of corporate law, corporate governance and sustainability is one of the most dynamic and significant areas of law and policy in light of the convergence of environmental, social and economic crises that we face as a global society. Understanding the impact of the corporation on society and realizing its potential for contributing to sustainability is vital for the future of humanity. This Handbook comprehensively assesses the state-of-the-art in this field through in-depth discussion of sustainability-related problems, numerous case studies on regulatory responses implemented by jurisdictions around the world, and analyses of predominant strategies and potential drivers of change. This Handbook will be an essential reference for scholars, students, practitioners, policymakers, and general readers interested in how corporate law and governance have exacerbated global society's most pressing challenges, and how reforms to these fields can help us resolve those challenges and achieve sustainability.

Table of Contents

List of Contributors

Forewords / Mervyn E. King and Margaret M. Blair

Preface

Introduction

1. Corporations and Sustainability / Beate Sjåfjell and Christopher M. Bruner

Part I Global Business and Fragmented Regulation

2. Trade, Investment and Corporate Sustainability / Clair Gammage and Tonia Novitz

3. Extraterritorial Attempts at Addressing Challenges to Corporate Sustainability / Jingchen Zhao

4. Defragmenting Transnational Business Responsibility: Principles and Process / Karen Morrow and Holly Cullen

5. Sustainability and the Move from Corporate Governance to Governance through Contract / Jaakko Salminen

Part II Corporate Law, Financial Markets and Sustainability

6. The History of Shareholder Primacy, from Adam Smith through the Rise of Financialism / Judd F. Sneirson

7. Corporate Governance and the Political Economy of the Company / Lorraine Talbot

8. Taming Unsustainable Finance: The Perils of Modern Risk Management / Jay Cullen and Jukka Mähönen

9. The International Order of Corporate Taxation: From Market-Building to Sustainable Fiscal Settlement? / Jussi Jaakkola and Reijo Knuutinen

Part III Corporate Law, Corporate Governance and Sustainability: Case Studies

10. Progress Is Possible: Sustainability in US Corporate Law and Corporate Governance / Dana Brakman Reiser

11. Green but Not Enough: Sustainability in Canadian Corporate Governance / Poonam Puri

12. The Australian Paradox: Conservative Corporate Law in a Progressive Culture / Victoria Schnure Baumfield

13. Moving beyond Virtue Signalling: Corporate Sustainability for New Zealand / Susan Watson

14. The EU as a Potential Norm Creator for Sustainable Corporate Groups / Blanaid Clarke and Linn Anker-Sørensen

15. Market-Led Sustainability through Information Disclosure: The UK Approach / Andrew Johnston

16. Law, Culture and Sustainability: Corporate Governance in the Nordic Countries / Jukka Mähönen and Guðrún Johnsen

17. Stakeholder Value versus Corporate Sustainability: Company Law and Corporate Governance in Germany / Andreas Rühmkorf

18. Worker Participation, Sustainability and the Puzzle of the Volkswagen Emissions Scandal / Matthew T. Bodie

19. Corporate Sustainability and Shareholder Activism in the Netherlands / Anne Lafarre and Christoph Van der Elst

20. Old-Fashioned yet Innovative: Corporate Law, Corporate Governance and Sustainability in France / Véronique Magnier

21. The Unsuccessful Pursuit for Sustainability in Italian Business Law / Alessio Bartolacelli

22. Sustainability and the Transformation of the Socialist Corporation into the Private Corporation: Three Lost Decades? / Liviu Damşa

23. Limited Demand, Limited Supply: Corporate Governance and Sustainability in Russia / Carsten Sprenger

24. The Pacific Alliance: An Opportunity for a Sustainable System of Corporate Law and Governance in Latin America / Alvaro Pereira

25. Social Environmentalism and Corporate Capture: Corporate Governance and Sustainability in Brazil / Luciana Dias

26. The Social and Ethics Committee: Innovating Corporate Governance in South Africa / Tshepo H. Mongalo

27. Reforming the Nigerian Oil and Gas Sector: Towards Corporate Sustainability / Adure Uzo-Peters

28. Enlightenment or Resistance? Promoting Sustainability through Corporate Law and Governance in Mauritius / Renginee G. Pillay, Teerooven Soobaroyen, Jyoti Devi Mahadeo and Neeveditah Pariag-Maraye

29. The Community Company as a Vehicle for Sustainability in Solomon Islands: Hopes, Challenges and Possibilities / Vijaya Nagarajan and Terry Reid

30. What Does It Mean to Be Sustainable? Regulating the Relationship between Corporations and Indigenous Peoples / Grant Christensen

31. Shareholder Voting and Corporate Sustainability in China: An Empirical Study / Chao Xi

32. Corporate Governance Reform, Social Norms and Sustainability in Japanese Companies / Souichiro Kozuka

33. Achieving Sustainable Development Goals in India / Harpreet Kaur

34. Sustainability and Legislated Corporate Social Responsibility in Indonesia / Benedict Sheehy and Cacik Rut Damayanti

35. Islamic Financial Institutions and Corporate Sustainability: A Study of Oman, Dubai and Malaysia / Abdul Karim Aldohni

36. Leaders or Laggards? Corporate Sustainability in Hong Kong and Singapore / Christopher M. Bruner

Part IV Potential Drivers for Change

37. Disclosure Regulation and Sustainability: Legislation and Governance Implications / Iris H.-Y. Chiu

38. Sustainability Reporting in Africa: A Comparative Study of Egypt, Equatorial Guinea, Kenya, Nigeria, Botswana and South Africa / Ondotimi Songi and Ayesha K. Dias

39. Global Supply Chains and Sustainability: The Role of Disclosure and Due Diligence Regulation / Charlotte Villiers

40. Aligning Social Investing with Nature’s Timescales / Benjamin J. Richardson

41. Shareholder Stewardship: A Case of (Re)Embedding the Institutional Investors and the Corporation? / Dionysia Katelouzou

42. Green Bonds and Beyond: Debt Financing as a Sustainability Driver / Stephen Kim Park

43. Conflicts and Coalitions: The Drivers of European Corporate Sustainability Reforms / David Monciardini

44. Gender as a Catalyst for Corporate Reform / Roseanne Russell

45. Amenable Controls: How Companies Influence Laws, Reputation and Morals / Roy Shapira

46. Social Enterprise Law: Friend or Foe to Corporate Sustainability? / Carol Liao

47. Certifying ‘Good’ Companies: A Comparative Study of Regulatory Design / Florian Möslein

48. The Cooperative as a Platform for Sustainable Business Operations / Ville Pönkä

49. Realising the Potential of the Board for Corporate Sustainability / Beate Sjåfjell

Conclusion

50. Corporate Law, Corporate Governance and the Pursuit of Sustainability / Christopher M. Bruner and Beate Sjåfjell

Index

ISBN

9781108658386

Publication Date

11-2019

Publisher

Cambridge University Press

City

Cambridge, U.K.

Keywords

corporate law, corporate sustainability, shareholders, corporate governance

Disciplines

Business Organizations Law

The Cambridge Handbook of Corporate Law, Corporate Governance and Sustainability

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