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A Skeptic's View of Benefit Corporations |

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Workers, Shareholders, and the Purpose of Corporations 4. Corporations and the Duty to Obey the Law 5.

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New Principles, New Policies 7. Corporate Governance as a Public Policy Tool 8.

Corporate Law’s Original Sin

Workers and Corporate Fraud 9. He challenges conventional wisdom to show how corporations can be managed to promote the interests of all stakeholders, including shareholders, workers, creditors, and the communities in which corporations operate, while promoting both profits and social welfare.


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Arguing for a broad definition of costs and benefits, this book persuasively lays out new principles for corporate law designed to serve the interests of society as a whole, while promoting both efficiency and justice. At the heart of this progressive vision is the notion that corporate law matters.


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  3. Fundamental Flaws and Progressive Possibilities.
  4. His version of the progressive argument that corporate law is shareholder-centric and needs to expand its borders to include employees and other nonshareholder constituencies is creative and should provoke lively debate between traditional and progressive corporate law scholars for years to come. Through careful deconstruction of a traditional and yet fundamentally failed body of law, Greenfield offers an impressive reconstruction that hinges on a simple but truly profound claim—corporate law is vitally important.

    With so many fundamental questions about the role of corporations left largely unattended, at a time of dramatic socioeconomic change that crosses all borders, Greenfield offers a rich and thoughtful prescription for some of the most important and powerful institutions of our time. Laufer, author of Corporate Bodies, Guilty Minds. Joseph Singer Ethical Corporation.

    The Failure of Corporate Law: Fundamental Flaws and Progressive Possibilities

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    About Kent Greenfield. Kent Greenfield.

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