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Home | Texas Law Review Featured Private Profits and Public Business Article by Aneil Kovvali and Joshua C. Macey Introduction The view that corporations should be run for the financial benefit of shareholders presupposes that shareholders financial interests align with broader societal interests. 1 This approach to corporate governance is known as shareholder primacy and it is based on two related assumptions. The first is that shareholders hold the residual claim on the firms assets.
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1. How can NGOs effectively advocate for reforms in corporate governance that prioritize broader societal interests over shareholder primacy?
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Brooklyn Simmons
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2. In what ways can antitrust laws like the Clayton Act be strengthened to better address contemporary challenges posed by monopolistic practices in the private sector?
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