Bradshaw, Carrie Julia orcid.org/0000-0002-3917-9250 (2013) The environmental business case and unenlightened shareholder value. Legal Studies. pp. 141-161. ISSN 0261-3875
Abstract
The business case for corporate environmental responsibility is the claim that behaving responsibly makes financial sense. It is impossible to exaggerate the contemporary significance of this claim, not least in legitimising environmental concerns in the corporate sphere. However, the business case is not without significant empirical and normative limitations, as is illustrated by the corporate environmental problem of supermarket waste. This paper evaluates enlightened shareholder value under s 172 of the Companies Act 2006 in light of such business case limitations. It suggests that s 172, by procedurally mandating the business case for corporate environmental responsibility, is a retrograde step which envisions not enlightened, but rather environmentally unenlightened, shareholders.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Dates: |
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Institution: | The University of York |
Academic Units: | The University of York > Faculty of Social Sciences (York) > The York Law School The University of York |
Depositing User: | Pure (York) |
Date Deposited: | 16 Jul 2014 10:57 |
Last Modified: | 26 Jan 2025 00:08 |
Published Version: | https://doi.org/10.1111/j.1748-121X.2012.00253.x |
Status: | Published |
Refereed: | Yes |
Identification Number: | 10.1111/j.1748-121X.2012.00253.x |
Related URLs: | |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:77318 |
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Filename: Bradshaw_Environmental_Business_Case_and_UESV_Legal_Studies_2013_.pdf
Description: The Environmental Business Case and Unenlightened Shareholder Value