What is corporation? The corporate personality controversy and the fiduciary principle in corporate governance

Author(s):  
Simon Deakin

This chapter focuses on the evolution of the concept of corporate personality in English law. Recent developments in experiments with legal organizational forms are injecting diversity into the relative monoculture of the corporate form. Two threads are of particular interest in this chapter. The first concerns the creation of hybrid legal structures for “social enterprise.” The second stems from a revival of interest in cooperative structures, particularly in tandem with the digital economy. The chapter places these two threads in dialogue with Simon Deakin’s recent stimulating argument that the commons provides the most convincing conceptual foundation for understanding corporate governance.


2012 ◽  
Author(s):  
A.M.I Lakshan ◽  
W.M.H.N. Wijekoon

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