| Popis: |
This chapter analyses the nature and scope of corporate accountability through multiple lenses. First, Bruner assesses the nature and scope of directors’ accountability through the composition of the board, considering systems where non-shareholder constituencies (notably, employees) have some measure of direct board representation; initiatives aimed at increasing the diversity of directors in publicly traded companies; and speculation that boards of directors might be augmented, or even replaced entirely, by emerging technologies such as artificial intelligence. Next, the chapter considers the degree to which legal responsibility for the impacts of global value chains ought to flow up to entities at the top of those chains, whether they are organized through corporate parent-subsidiary relationships or through nominally arms’-length contractual relationships. Finally, the chapter assesses a striking national effort to reimagine corporate governance along more sustainable lines—the corporate governance system of post-apartheid South Africa, which provides a vivid case study through which to assess pitfalls and opportunities that may arise in pursuing greater sustainability through corporate governance. |
