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Enlightened Shareholder Value in UK Company Law

Analysis of section 172 of the Companies Act 2006 and the UK's enlightened shareholder value model for directors' duties and stakeholder considerations.

Use It For

Use this when comparing shareholder primacy, stakeholder language, ESG, and the legal function of directors’ duties.

Teaching Notes

The article helps students distinguish a duty to consider stakeholder effects from a duty owed directly to stakeholders.