%0 Book %1 vitols2013europeancompanylaw %C Brussels %D 2013 %E Vitols, Sigurt %E Heuschmid, Johannes %I ETUI %K bler board-level_employee_representation company_law corporate_governance employee_representation european_union stakeholders sustainable_company %T European company law and the Sustainable Company: a stakeholder approach %U http://www.etui.org/Publications2/Books/European-company-law-and-the-Sustainable-Company-a-stakeholder-approach.-Vol.-II %X Should companies primarily serve the interests of shareholders, or are they responsible to a broader set of stakeholders, including their own workers? The financial crisis has exposed the deficits of the current regulatory framework for companies, as it prioritizes short-term shareholder value at the expense of the long-term interests of stakeholders. In this book, members of the GOODCORP network of researchers and trade unionists present their proposals for European company law which would encourage companies to follow sustainable, stakeholder-oriented strategies. Key proposals include: revising our understanding of the firm and its key stakeholders; strengthening stakeholder ‘voice’ in companies; increasing the transparency of companies through binding requirements for social and environmental reporting; and negotiating employee-friendly agreements with investors through collective bargaining. This book follows up on The Sustainable Company: a new approach to corporate governance (published by the ETUI in 2011 and edited by Vitols and Kluge), which outlined GOODCORP’s vision of an alternative to the shareholder value orientation of the current system of corporate governance. %@ 978-2-87452-277-2

@book{vitols2013europeancompanylaw, abstract = {Should companies primarily serve the interests of shareholders, or are they responsible to a broader set of stakeholders, including their own workers? The financial crisis has exposed the deficits of the current regulatory framework for companies, as it prioritizes short-term shareholder value at the expense of the long-term interests of stakeholders. In this book, members of the GOODCORP network of researchers and trade unionists present their proposals for European company law which would encourage companies to follow sustainable, stakeholder-oriented strategies. Key proposals include: revising our understanding of the firm and its key stakeholders; strengthening stakeholder ‘voice’ in companies; increasing the transparency of companies through binding requirements for social and environmental reporting; and negotiating employee-friendly agreements with investors through collective bargaining. This book follows up on The Sustainable Company: a new approach to corporate governance (published by the ETUI in 2011 and edited by Vitols and Kluge), which outlined GOODCORP’s vision of an alternative to the shareholder value orientation of the current system of corporate governance. }, added-at = {2014-02-15T10:23:37.000+0100}, address = {Brussels}, biburl = {https://www.bibsonomy.org/bibtex/20d60a7adb575b13eaed4315fd0efb10d/meneteqel}, editor = {Vitols, Sigurt and Heuschmid, Johannes}, interhash = {6f2cd1fe2c20b4c25f08d43be529aae7}, intrahash = {0d60a7adb575b13eaed4315fd0efb10d}, isbn = {978-2-87452-277-2}, keywords = {bler board-level_employee_representation company_law corporate_governance employee_representation european_union stakeholders sustainable_company}, publisher = {ETUI}, timestamp = {2014-02-15T10:23:37.000+0100}, title = {European company law and the Sustainable Company: a stakeholder approach}, url = {http://www.etui.org/Publications2/Books/European-company-law-and-the-Sustainable-Company-a-stakeholder-approach.-Vol.-II}, year = 2013 }