The concept of the stakeholder can be integrated into corporate law through a broad interpretation of the idea of the best interests of the corporation. In this paper, I address criticisms of the classic definition of the principal purpose of a firm. Even if U.S. law is less interventionist and...

The worldwide financial crisis that was unleashed in 2007-2008 occurred at a time of many challenges in the transformation of the economic and social system. As this protean crisis showed, new reflection in the field of corporate governance is necessary. This paper aims to explore a new...

This study seeks to improve our understanding of how business interests can influence the making of legislation in the specific sector of corporate law and corporate social responsibility (CSR). We want to make the public aware of the legal limits of CSR reporting flowing from the way companies...

The objective of this paper is to present and discuss the new French requirements related to socially responsible investment (SRI), and provide reflections on the potential and limits of regulating SRI. We summarize the consequences of new Monetary and Financial Code Article L. 533-22-1 and the...

In recent months, the financial and economic crisis has reintroduced into public debate the legitimacy of managers' compensation in public corporations. The reaction of the various international bodies (G20, Financial Stability Forum, European Commission, Organisation of European and Economic...