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Cultivating Conscientious Stockholders.
(From Journal of Japanese Trade & Industry (JJTI))
Byline: Kagono Tadao
Focus Shifts from Theory on Stockholder Rights to Stockholder Responsibilities There has been much debate on stockholders' rights, but little has been said about the responsibilities of stockholders. This is probably because a overwhelming number of past cases involving corporate governance have dealt with infringement upon stockholders' rights. Among corporate governance researchers, the pervasive view is that company management should rightfully be based on the will of stockholders. Some economists and commercial law scholars regard corporate governance merely as management on ...
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