This paper describes the actual dissociation between ownership and control in public corporations, as well as the problems of rational apathy and managerialism posed by Berle and Means. It underlines the status of stock ownership as residual property, and reviews the legal role of corporate governance codes under the light of the agency theory and the concept of corporate social responsibility.

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Arjona Sebastià, César

La propiedad sin control. Un análisis de la breve historia del gobierno corporativo

09/2011
itemDefault This paper describes the actual dissociation between ownership and control in public corporations, as well as the problems of rational apathy and managerialism posed by Berle and Means. It underlines the status of stock ownership as residual property, and reviews the legal role of corporate governance codes under the light of the agency theory and the concept of corporate social responsibility.
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La propiedad sin control. Un análisis de la breve historia del gobierno corporativo
Arjona Sebastià, César
Revista Electrónica de Pensamiento, Economía y Sociedad
Nº 10, 09/2011, p. 4 - 27

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