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Report to the Shareholders
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Shareholders and Stakeholders : The Unrealised Promise of Company Law Reform in Post-War Britain
This book explores the evolution of the shareholder in post-war Britain within the context of changing legal, political, economic, and social conditions.It examines how the post-war transformation of the shareholder body influenced relationships amongst stakeholders, impacting corporate behaviour and the legal and political efforts to govern industry and financial markets. The book addresses a number of themes, including: 1) how the movements for democratisation influenced the treatment of shareholder interests and the calls for stakeholder representation; 2) how the rhetoric of change created a narrative that deflected from the lack of systemic legal reforms and protected the status quo; 3) how, in the post-war consensus environment, political positions on equity ownership de-radicalised, which proved unsustainable against a background of increasing political polarisation and industrial unrest; and 4) how the institutionalisation of the post-war shareholder body had profound effects on industry, the financial markets, and the economy. With these themes as a foundation, the evolutionary arch of the post-war shareholder is examined, focusing on developments that influenced the treatment and perception of shareholder and stakeholder interests, including nationalisations, shareholder democracy, corporate purpose, and industrial democracy. The book further considers how these post-war changes contribute to the post-1979 legal treatment of shareholder and stakeholder interests, including subsequent changes to the Companies Act and the development of corporate governance codes.Parallels to contemporary movements for stakeholder capitalism, corporate purpose, and ESG are drawn. The historical analysis of the post-war shareholder provides a framework for considering current questions on shareholder primacy and the demands for systemic legal reforms.These missed opportunities for meaningful changes to the treatment of shareholder interests in UK company law serve as useful precedents for evaluating subsequent periods.
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The Social Constitution : Embedding Social Rights Through Legal Mobilization
In The Social Constitution, Whitney Taylor examines the conditions under which new constitutional rights become meaningful and institutionalized.Taylor introduces the concept of 'embedding' constitutional law to clarify how particular visions of law come to take root both socially and legally.Constitutional embedding can occur through legal mobilization, as citizens understand the law in their own way and make legal claims - or choose not to - on the basis of that understanding, and as judges decide whether and how to respond to legal claims.These interactions ultimately construct the content and strength of the constitutional order.Taylor draws on more than a year of fieldwork across Colombia and multiple sources of data, including semi-structured interviews, original surveys, legal documents, and participation observation.This title is part of the Flip it Open Programme and may also be available Open Access.Check our website Cambridge Core for details.
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Central Issues in Jurisprudence : Justice, Law and Rights
Central Issues in Jurisprudence is a clear introduction to the major theories and arguments which currently dominate discussion in jurisprudence.The work enables students to read the original writers with a real understanding of how the theories relate to each other, and how these theories cluster around certain fundamental issues.Combining lucid exposition with commentary, the author provides a penetrating analysis of each theory examined, and a deep understanding of the problems addressed.
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Can students be shareholders?
Yes, students can be shareholders in a company. There is no age restriction for owning shares in a company, so students can purchase shares if they have the financial means to do so. Being a shareholder allows students to have ownership in the company and potentially earn dividends or see a return on their investment if the company performs well. However, it is important for students to understand the risks involved in investing in the stock market and to do thorough research before purchasing shares.
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What are Shareholders, Stakeholders, and Bondholders?
Shareholders are individuals or entities that own shares of a company's stock, which represents ownership in the company and entitles them to a portion of the company's profits. Stakeholders are individuals or groups who have an interest in the company and can be affected by its actions, such as employees, customers, suppliers, and the local community. Bondholders are individuals or entities that have lent money to the company by purchasing bonds, which represent a debt obligation of the company and entitle the bondholders to receive interest payments and repayment of the principal amount at a specified future date.
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Why do shareholders need to approve transactions?
Shareholders need to approve transactions because they are the owners of the company and have a vested interest in its financial health and strategic direction. Their approval ensures that major decisions, such as mergers, acquisitions, or significant asset sales, align with the company's overall goals and are in the best interest of the shareholders. Additionally, shareholder approval helps to promote transparency and accountability in corporate decision-making, as it requires management to justify and seek approval for major transactions. Ultimately, shareholder approval helps to protect the interests of the owners and maintain the integrity of the company.
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What are shareholders in a joint-stock company?
Shareholders in a joint-stock company are individuals or entities that own shares or stocks in the company. By owning shares, shareholders become partial owners of the company and have certain rights, such as voting on company decisions and receiving dividends. Shareholders also bear the risk of financial loss if the company performs poorly. Overall, shareholders play a crucial role in the governance and success of a joint-stock company.
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Shaped by the Nuanced Constitution : A Critique of Common Law Constitutional Rights
There is growing judicial, academic and political interest in the concept of common law constitutional rights.Concurrently, significant public law judgments, including R (Miller) v The Prime Minister, R (Begum) v Special Immigration Appeals Commission and R (Privacy International) v Investigatory Powers Tribunal, continue to sustain and enrich the academic debate on the nature of the UK constitution. Bringing these two highly topical themes together, the book argues, firstly, that neither common law constitutionalism nor political constitutionalism adequately captures the nature of public law litigation because neither is fully able to account for the co-existence and interplay between parliamentary sovereignty and the rule of law.Advancing the idea of a ‘nuanced’ constitution instead, the book then provides an in-depth analysis of common law constitutional rights, looking at their history, conceptual foundations, contemporary characteristics, coverage and resilience. In doing so, this book highlights and re-conceptualises the dynamics and mechanisms of constitutional law adjudication and provides the first comprehensive critique of common law constitutional rights jurisprudence.It is centred around extensive case law analysis which focuses predominantly on recent Supreme Court judgments.
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Out Law : What LGBT Youth Should Know about Their Legal Rights
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European Law and National Private Law : Effect of EU Law and European Human Rights Law on Legal Relationships between Individuals
Traditionally European law is important for public law.However, it is also increasingly important for private law, that is to say, the legal relationships between individuals.European Law and National Private Law addresses and analyses the various sources of European law in (hierarchical) order, namely the Treaty on the Functioning of the European Union, the general principles of EU law, EU Directives and EU Regulations, as well as the influence of fundamental rights (both the ECHR and the EU Charter) on private law.The nature of each source of law and its significance for and influence on the general part of national private law is discussed.Particular attention is devoted to the review of national private law legislation in the light of European legislation that has direct effect, direct and indirect effect of European law on legal relationships between individuals, ex officio application of European law by the national courts, and interpretation issues arising as a result of the interaction between European law and national law.Further, comparisons are drawn between the different sources of law.The book then concludes with a detailed overview of European Directives that are of particular relevance for general private law.European Law and National Private Law provides a concise introduction to the influence of EU law and the ECHR on legal relationships between individuals - a must read for every lawyer.
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Executive Self-Government and the Constitution
Over the last 25 years, UK governments have faced a series of challenges and changes of an intensity almost unprecedented in peacetime: some thrust upon them, some of their own making.Developments whose impact on the executive's place in the constitution are analysed in this volume include the global financial crisis in 2007/08, the 1997 Labour Government's programme of constitutional reform, the unexpected referendum result on withdrawal from the EU in 2016, the COVID-19 pandemic, the UK's withdrawal from the EU in 2020, and the energy and cost of living crisis that followed Russia's invasion of Ukraine in 2022.The volume's conception of the UK's executive government is of an autonomous actor within the constitution, endowed with significant discretion in relation to its own organisation and modes of operation.By examining how governments have responded to those developments--through the reform of executive institutions and their deployment of the essential governmental resources of people, money, laws, and information--, Executive Self-Government and the Constitution opens a window on the internal operations of the contemporary executive and permits an assessment of the resilience of its key constitutional characteristics. Building on the analysis of their original leading work The Executive in the Constitution (OUP 1999), Executive Self-Government and the Constitution assesses how the economic and political turbulence faced by successive governments since 1997 has affected its key constitutional features.
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Who are the owners and shareholders of Uniper?
Uniper is a publicly traded company, so its ownership is spread among a wide range of shareholders. The largest shareholder is Fortum, a Finnish state-owned energy company, which owns a majority stake in Uniper. Other shareholders include institutional investors, mutual funds, and individual investors who own shares of the company. As a publicly traded company, Uniper's ownership and shareholders can change as investors buy and sell shares on the stock market.
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What are the requirements for shareholders with minor employment?
Shareholders with minor employment are typically required to adhere to labor laws and regulations regarding the employment of minors. This may include obtaining work permits or parental consent, limiting the number of hours worked, and ensuring that the work is not hazardous or detrimental to the minor's health and education. Additionally, shareholders with minor employment may also need to comply with tax and reporting requirements related to employing minors. It is important for shareholders to be aware of and follow all legal requirements to ensure the well-being and legal compliance of their minor employees.
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What is the exact difference between shareholders and stakeholders?
Shareholders are individuals or entities that own shares of a company's stock, making them partial owners of the company. Their main interest is in the financial performance of the company and the value of their investment. On the other hand, stakeholders are individuals or groups that are affected by the actions and decisions of the company, including employees, customers, suppliers, and the community. They have a broader interest in the company's overall impact on society, the environment, and the economy, beyond just financial returns. While shareholders have a direct financial stake in the company, stakeholders have a more diverse set of interests and concerns.
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What are the conflicts of interest between shareholders and stakeholders?
Shareholders are primarily concerned with maximizing profits and increasing the value of their investment, which may lead to decisions that prioritize short-term financial gains over the long-term well-being of stakeholders such as employees, customers, and the community. On the other hand, stakeholders are interested in various aspects of the company's operations, including its impact on the environment, society, and overall sustainability, which may conflict with the profit-driven motives of shareholders. These conflicts of interest can arise when shareholders push for cost-cutting measures that may negatively impact stakeholders, or when stakeholders advocate for social responsibility initiatives that may reduce shareholder returns in the short term. Balancing the interests of both shareholders and stakeholders is a key challenge for companies seeking to achieve sustainable and responsible business practices.
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