The debate on corporate purpose

Di Bartolo, Michele (A.A. 2020/2021) The debate on corporate purpose. Tesi di Laurea in Law and economics (corporate and business law: antitrust and regulation), Luiss Guido Carli, relatore Pierluigi Matera, pp. 49. [Bachelor's Degree Thesis]

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Shareholder primacy. Shareholder dominance. Dodge v. Ford Motor Co. The rise of corporate purpose. The impact of 2008 fiscal crisis on shareholder primacy. Short termism v. long termism. Accountable capitalism act and other initiative towards federal law on corporation. BlackRock annual letters, business roundtable-BRT, DAVOS manifesto. Corporate purpose. The purpose requirement in the modern charter. Relationship between corporate purpose and shareholder value. Development in corporate governance. Stakeholder governance: stakeholderism. Consumers and communities expectations: driving purpose. Employees and suppliers: the human workers. Defining corporate purpose. Assembling a statement of corporate purpose. Corporate purpose formulation. Corporate purpose, pros & cons. The relevance of corporate purpose in an age of crises. Survey of investors on corporate purpose. Why corporate purpose will always matter. Why corporate purpose is a priority. Corporate purpose benefits shareholders too. The rise of ESG criteria. Corporate purpose & ESG. A suspicion: are we still in the shareholder primacy regime?

Thesis Type: Bachelor's Degree Thesis
Institution: Luiss Guido Carli
Degree Program: Bachelor's Degree Programs > Bachelor's Degree Program in Economics and Business, English language (L-33)
Chair: Law and economics (corporate and business law: antitrust and regulation)
Thesis Supervisor: Matera, Pierluigi
Academic Year: 2020/2021
Session: Extraordinary
Deposited by: Alessandro Perfetti
Date Deposited: 06 Sep 2022 14:09
Last Modified: 06 Sep 2022 14:09


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