By Klaus J. Hopt, Gunther Teubner
Read Online or Download Corporate Governance and Directors' Liabilities: Legal, Economic and Sociological Analyses on Corporate Social Responsibility PDF
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Extra info for Corporate Governance and Directors' Liabilities: Legal, Economic and Sociological Analyses on Corporate Social Responsibility
Even the apparently parallel proposals of such writers as Bloch-Lainé (1963), advocating control through three constituencies, shareholders, employees and public authorities, take on a distinctly un-American flavour when the surveillance of an independent magistrature is added, with a The Legal Development of Corporate Responsibility 19 power of Government to ensure the contribution of the business to the national Plan. Such contrasts between the United States and Europe were quickly noticed in the "changing style" of post-war private enterprise economics (Shonfield, 1965: Ch.
Greatly revised after the Commissions's "Green Paper" (1975) and again 1983, O . J. of the E. , N o . 240/2. Lord Wedderburn 36 75 — 76). Some British unions have held to that view. Yet paradoxically in an interim report of 1973, and in a final decision a year later, the unions of the Trades Union Congress by a great majority chose to demand participation on the directing boards of large companies in Britain (Trades Union Congress 1973; 1974). A century of tradition appeared to be smashed. This was a moment of great importance for the British perspective of "corporate responsibility".
Medical Committee for Human Rights), 404 U . S . 403, 409 - 4 1 0 (1972)). IV. Corporate Responsibility in Britain 1 9 A . T h e Social a n d L e g a l E v o l u t i o n o f Responsibility T h e essays in The Corporation in Modern Society (Mason, 1959) through which the up-dated B e r l e - D o d d debate reached a wider audience, did include a chapter f r o m Britain. Revealingly, h o w e v e r , it was c o n c e r n e d with " T h e Private and Public C o r p o r a t i o n in G r e a t B r i t a i n " , written by C r o s land ( 1 9 5 9 : C h .