Shareholder Primacy and Corporate Governance

Taking account of astonishing developments in the field and realising the current need for changes in governance, this book offers a thorough exploration of the origins, recent changes and future development of the corporate objective—shareholder primacy—in the UK context. Legal and theoretical aspects are examined so as to provide a comprehensive and critical account of the practices reflecting shareholder primacy in the UK. In the wake of the financial crisis, this book investigates the direction of future policy in the UK, with particular attention to changes in governing rules and regulations and their implications for preserving the objective of shareholder primacy.