Fault Lines in the Intersection Between Corporate Governance and Social Responsibility

Abstract

The relationship between corporations and communities is one battleground for the wider war within society in the shift of legitimacy, sovereignty, and power between individuals and groups of various kinds and that war is reflected in law as much as in the theories and rhetoric of corporate governance. The developments in various departments of law promote concern for other's interests in addition to rational self-interest and increasingly include references to open-ended and generalised standards of conduct, which are not confined to reasonable self-interest.

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