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Purpose in Business Association Statutes: Much Ado About Something (But Not Much)

Corporate purpose is having a moment. Large corporations face pressure to behave in socially responsible ways, while entrepreneurs seek investors in social enterprises that pursue profits while advancing...

29 July 2021

Brett McDonnell

Governance Bodies Endorse Value Preservation as Primary Purpose and Fiduciary Duty

Common sense would suggest that the delivery of sustainable stakeholder value over the long-term requires a focus on both value creation and value preservation. Logic would therefore command that in...

23 March 2021

Sean Lyons

Corporate Purpose: Sustainability as a Game Changer

An increasing number of firms make reference to the pursuit of environmental and social goals in the definition of their purpose. This raises important issues with respect to the way...

22 March 2021

Guido Ferrarini

Social Enterprises in Asia

Social enterprises are on the rise worldwide. A recent survey of 1,030 social enterprises found that they generated more than €6.06 billion in revenue, impacted more than 871...

17 March 2021

Ernest Lim

Lessons from India’s Struggles with Corporate Purpose

The escalating debate over corporate purpose is not confined to Western developed economies. Rapidly developing economies like India are similarly grappling with how to define and develop a legal framework...

7 January 2021

Afra Afsharipour

Research Handbook on Comparative Corporate Governance

Comparative corporate governance has become a broad research field during the past decades. With the increasing internationalization of law and legal scholarship, the subject has seen a burgeoning volume of...

3 December 2020

Afra Afsharipour

Martin Gelter

Purpose-Based Governance and Revitalisation of Company Law to Facilitate Purpose-Based Companies

The permissibility of corporations pursuing purposes other than profit has been the subject of debate for a number of years. This debate has intensified recently with proposals from bodies such...

18 September 2020

Rosemary Teele Langford

Can a Broader Corporate Purpose Redress Inequality? The Stakeholder Approach Chimera

Well before the Covid-19 pandemic, policymakers and scholars were focused on the debate over corporate purpose and the fragility of an economic system marked by stagnation and runaway inequality. As...

11 June 2020

Matteo Gatti

Chrystin Ondersma

A Fuller Sense of Corporate Purpose: A Reply to Martin Lipton’s ‘on the Purpose of the Corporation’

Martin Lipton is a legend in the field of corporate law. So, when Mr. Lipton speaks on the purpose of the corporation, as he did in his recent posts on...

9 June 2020

Bernard S. Sharfman

Why Are America’s CEOs Talking About Stakeholder Capitalism Now?

Back in August, the Business Roundtable, which comprises the chief executive officers of America’s largest companies—with combined annual revenues of $7 trillion—updated its long-standing statement of corporate purpose. It’s not...

7 November 2019

Mark J. Roe

Purpose in Business Association Statutes: Much Ado About Something (But Not Much)

Governance Bodies Endorse Value Preservation as Primary Purpose and Fiduciary Duty

Corporate Purpose: Sustainability as a Game Changer

Social Enterprises in Asia

Lessons from India’s Struggles with Corporate Purpose

Research Handbook on Comparative Corporate Governance

Purpose-Based Governance and Revitalisation of Company Law to Facilitate Purpose-Based Companies

Can a Broader Corporate Purpose Redress Inequality? The Stakeholder Approach Chimera

A Fuller Sense of Corporate Purpose: A Reply to Martin Lipton’s ‘on the Purpose of the Corporation’

Why Are America’s CEOs Talking About Stakeholder Capitalism Now?

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