{"product_id":"incorporating-purpose-the-new-legal-foundations-for-the-corporation-and-its-management-hardback-9781009623490","title":"Incorporating Purpose; The New Legal Foundations for the Corporation and its Management (Hardback) 9781009623490","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eIncorporating Purpose\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eThe New Legal Foundations for the Corporation and its Management\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eThe Element offers insights into the thinking that inspired changes in French company law in committing to a raison d'être.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eBlanche Segrestin (Author), Kevin Levillain (Author), Armand Hatchuel (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781009623490, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 6 March 2025\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e76 pages\u003cbr\u003e22.9 x 15.2 x 0.6 cm, 0.249 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eIn this Element, emerging legal forms of purpose-driven corporations are analyzed, revealing two important insights. First, within the traditional corporate law, a purpose is neither protected nor enforceable over time. While companies can have goals beyond profit, these are controlled by shareholders, who also appoint corporate managers. To protect social or environmental ambitions, especially during shareholder changes, a legal commitment from the company is essential. Second, these new legal forms highlight the need to redefine the corporation's legal foundations. In an era when management decisions impact entire populations and the planet, the law inadequately conceptualizes the conditions necessary for responsible management. The Element argues that embedding a purpose in the constitution of corporations can provide these new legal foundations. Ultimately, the Element suggests that purpose provides a unified theoretical framework for understanding the variety of corporate legal forms and for discussing their respective potentials and limitations in holding corporations accountable in the face of upcoming transitions.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e1. Corporate purpose: can we rely on corporate leaders?\u003cbr\u003e 2. Why corporate purpose needs law: the missing legal grounds of corporate purpose\u003cbr\u003e 3. Revisiting the legal foundations of the business corporation\u003cbr\u003e 4. Purpose-driven corporations: a renewed landscape of alternative governance structures\u003cbr\u003e 5. Conclusion: the corporation and the collective interest\u003cbr\u003e References.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Corporate governance [\u003ca title=\"See our other books on Corporate governance\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Corporate%20governance%20%5BKJR%5D%22\"\u003eKJR\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Brand New","offer_id":52415670485272,"sku":"9781009623490","price":49.39,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9781009623490i.jpg?v=1784421563","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/incorporating-purpose-the-new-legal-foundations-for-the-corporation-and-its-management-hardback-9781009623490","provider":"Freshly Printed Books","version":"1.0","type":"link"}