The Cambridge Law Journal · 2006 · 53 citations · 0 references
LawCorporate GovernanceCorporate LawCompany LawRegulatory LawRegulatory TheoryCorporate Decision-makingCorporate Governance CodesCorporate Governance MechanismsCorporate Governance RegulationRegulationShareholder ProtectionCorporate Governance DecisionsShareholder Decision-makingShareholder Oversight
THE law which governs decision-making by the shareholders (or, strictly speaking, members) of a company is an area in which there is a great emphasis on regulation. This emphasis has tended to obscure the basic principles of law around which that regulation has developed. It has also distracted attention away from an appreciation of how those principles are applied and developed in practice.