RESILIENCE: THE RESUMPTION OF SHAREHOLDER PRIMACY

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Abstract

The once dominant and inconsiderate player in corporate governance, the shareholder, has faced increasing pressure from its rival stakeholders (creditors and the general public) and their agents (i.e. the management and directors) eager to unproportionately increase their stake. The idea of shareholder primacy in corporate governance is while previously was losing its dominance as corporate law versus stakeholder theory could be set for an even stronger come back.

Keywords: Corporate Governance, Shareholders, Stakeholders

How to cite this paper: Proimos, A. (2008). Resilience: the resumption of shareholder primacy. Corporate Ownership & Control, 5(2), 146-151. https://doi.org/10.22495/cocv5i2p12