Enlightened shareholder value: did directors deliver?Article English OPEN
- Publisher: Sweet and Maxwell
Subject: Companies Act | company directors | company law | shareholders | stakeholders | s.172(1) | 340 Law | KDC Scotland
S.172 of the Companies Act 2006 was meant to encourage company directors to behave properly. The evidence is that the wording of s.172 was well intentioned but naive, and that market forces and simpler wording would be more effective.