Business Ethics: The Ethical Revolution of Minority ShareholdersSpringer Science & Business Media, 16/01/2006 - 269 páginas “Morten: And what are we going to do, when you have made liberal-minded and high-minded men of us? Dr. Stockman: Then you shall drive all the wolves out of the country, my boys!” (Ibsen, An Enemy of the People, Act V) The theoretical and empirical research of this book describes how the traditional safeguards of the rights of minority shareholders have failed in their duty and how those shareholders have remained practically without any protection against the arbitrariness of the companies and majority shareholders. The law, the SEC, society, boards of directors, independent directors, auditors, analysts, underwriters and the press have remained in many cases worthless panaceas. Nevertheless, in the Ethics of 2000 new vehicles have been developed for the protection of minority shareholders, mainly the Internet, transparency, activist associations and ethical funds. Those vehicles give the shareholders at least the chance to understand the pattern and methods that are utilized to wrong them and give them a viable alternative for investment in ethical funds. The new vehicles will prevent minority shareholders from using the Armageddon weapon, by ceasing to invest in the stock exchange and causing the collapse of the system, that discriminates against them. |
Índice
21 | |
INTERNET AND TRANSPARENCY AS ETHICAL VEHICLES | 37 |
ACTIVIST ASSOCIATIONS TRANSPARENCY | 61 |
CASE STUDY OF THE FRENCH COMPANY LOSKRON 77 | 76 |
CASE STUDY OF THE ISRAELIAMERICAN COMPANY | 95 |
CASE STUDY OF THE ISRAELI COMPANIES ERINSAR | 137 |
CASE STUDY OF THE AMERICAN COMPANY MASTOSS | 185 |
CLASS ACTIONS | 227 |
BIBLIOGRAPHY | 243 |
INDEX | 263 |
Outras edições - Ver tudo
Business Ethics: The Ethical Revolution of Minority Shareholders Jacques Cory Pré-visualização limitada - 2001 |
Business Ethics: The Ethical Revolution of Minority Shareholders International Business Programs Pré-visualização indisponível - 2001 |
Palavras e frases frequentes
accounting acquisition activities acts amount Astossg August banks believe benefit board of directors Business Ethics Quarterly capital cash class action collapse completely conduct continue corporate court decided decision directors disclosed dollars effectively employees equity Erinsar executives fact firm francs French friends funds Furolias future give going Gorekius held increase Integrity interests Internet investment investors Israel Israeli issue Istovius Italy Karisios later lawsuit less lose Loskron losses lost majority Mastoss meeting merger million minority shareholders moral Nalodo offer operations organizations percent Pink probably profits purchase reason received remain Report responsible risk says sell shares social society Soktow sold statements stock exchange traded unaffiliated unethical valuation writes wrongdoing wronged Zrontius