Joanne F Sonin

Shareholders and Stakeholders (eBook, PDF)

The Unrealised Promise of Company Law Reform in Post-War Britain

• Format: PDF

Produktbeschreibung

This book explores the evolution of the shareholder in post-war Britain within the context of changing legal, political, economic, and social conditions. It examines how the post-war transformation of the shareholder body influenced relationships amongst stakeholders, impacting corporate behaviour and the legal and political efforts to govern industry and financial markets.

The book addresses a number of themes, including: 1) how the movements for democratisation influenced the treatment of shareholder interests and the calls for stakeholder representation; 2) how the rhetoric of change created a narrative that deflected from the lack of systemic legal reforms and protected the status quo; 3) how, in the post-war consensus environment, political positions on equity ownership de-radicalised, which proved unsustainable against a background of increasing political polarisation and industrial unrest; and 4) how the institutionalisation of the post-war shareholder body had profound effects on industry, the financial markets, and the economy.

With these themes as a foundation, the evolutionary arch of the post-war shareholder is examined, focusing on developments that influenced the treatment and perception of shareholder and stakeholder interests, including nationalisations, shareholder democracy, corporate purpose, and industrial democracy.

The book further considers how these post-war changes contribute to the post-1979 legal treatment of shareholder and stakeholder interests, including subsequent changes to the Companies Act and the development of corporate governance codes. Parallels to contemporary movements for stakeholder capitalism, corporate purpose, and ESG are drawn.

The historical analysis of the post-war shareholder provides a framework for considering current questions on shareholder primacy and the demands for systemic legal reforms. These missed opportunities for meaningful changes to the treatment of shareholder interests in UK company law serve as useful precedents for evaluating subsequent periods.

Produktdetails

• Verlag: Bloomsbury UK eBooks
• Seitenzahl: 352
• Erscheinungstermin: 7. September 2023
• Englisch
• ISBN-13: 9781509966820
• Artikelnr.: 68884861

Autorenporträt

Joanne F Sonin is a finance professional and scholar based in the United Kingdom. She has a PhD in company law from the Law School of the London School of Economics and Political Science. Her research focuses on the questions of shareholder and stakeholder interests, corporate behaviour, corporate purpose, and legal reform.

Joanne combines her academic research with her work in the financial sector, in which she has over 20 years of experience working in global financial markets as an advisor, as a principal, and as a senior corporate executive. She has worked as an investment banker at a number of global firms and throughout her career has been based in numerous jurisdictions, including London, New York, Sydney, and Tel Aviv, executing a wide range of M&A and capital-markets transactions.

Joanne now advises investors and companies on corporate purpose and ESG strategy and integration, leveraging her expertise in corporate finance and company law. She also has an MBA from the MIT Sloan School of Management, a PhD in Classics from the University of Cambridge, and a BA from The Hebrew University of Jerusalem.