About: Shareholder primacy

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Shareholder primacy is a theory in corporate governance—especially when dealing with United States corporate law—holding that shareholder interests should be assigned first priority relative to all other corporate stakeholders. A shareholder primacy approach often gives shareholders power to intercede directly and frequently in corporate decision-making, through such means as unilateral shareholder power to amend corporate charters, shareholder referendums on business decisions and regular corporate board election contests. The shareholder primacy norm was first used by courts to resolve disputes among majority and minority shareholders, and, over time, this use of the shareholder primacy norm evolved into the modern doctrine of minority shareholder oppression.

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rdfs:label	Shareholder primacy (en)
rdfs:comment	Shareholder primacy is a theory in corporate governance—especially when dealing with United States corporate law—holding that shareholder interests should be assigned first priority relative to all other corporate stakeholders. A shareholder primacy approach often gives shareholders power to intercede directly and frequently in corporate decision-making, through such means as unilateral shareholder power to amend corporate charters, shareholder referendums on business decisions and regular corporate board election contests. The shareholder primacy norm was first used by courts to resolve disputes among majority and minority shareholders, and, over time, this use of the shareholder primacy norm evolved into the modern doctrine of minority shareholder oppression. (en)
dcterms:subject	Corporate governance Shareholders
Wikipage page ID	28228833 (xsd:integer)
Wikipage revision ID	1116635558 (xsd:integer)
Link from a Wikipage to another Wikipage	Corporate board Corporate charter Corporate governance Corporate social responsibility Free-enterprise Gardiner Means Mises Institute The New York Times Shareholder oppression Friedman doctrine Corporate governance Shareholders Capitalism and Freedom Private property Milton Friedman The Modern Corporation and Private Property Corporate executive Shareholder United States corporate law Adolf Berle
sameAs	Shareholder primacy Shareholder primacy Shareholder primacy Shareholder primacy
dbp:wikiPageUsesTemplate	dbt:Blockquote dbt:Globalize dbt:Reflist dbt:Short_description
has abstract	Shareholder primacy is a theory in corporate governance—especially when dealing with United States corporate law—holding that shareholder interests should be assigned first priority relative to all other corporate stakeholders. A shareholder primacy approach often gives shareholders power to intercede directly and frequently in corporate decision-making, through such means as unilateral shareholder power to amend corporate charters, shareholder referendums on business decisions and regular corporate board election contests. The shareholder primacy norm was first used by courts to resolve disputes among majority and minority shareholders, and, over time, this use of the shareholder primacy norm evolved into the modern doctrine of minority shareholder oppression. James Kee wrote in 1995 for the Mises Institute, "If private property were truly respected, shareholder interest would be the primary, or even better, the sole purpose, of the corporation." However, the doctrine of shareholder primacy has been criticized for being at odds with corporate social responsibility and other legal obligations. (en)
gold:hypernym	Theory
prov:wasDerivedFrom	wikipedia-en:Shareholder_primacy?oldid=1116635558&ns=0
page length (characters) of wiki page	4943 (xsd:nonNegativeInteger)
foaf:isPrimaryTopicOf	wikipedia-en:Shareholder_primacy
is Link from a Wikipage to another Wikipage of	Benefit corporation Joseph Heath Corporate social responsibility February 1919 Friedman doctrine Social responsibility Dodge v. Ford Motor Co. Maple Leaf Foods Business Roundtable Michael McCain Miles v Sydney Meat-Preserving Co Ltd Lynn A. Stout Evil corporation Uncorporation
is foaf:primaryTopic of	wikipedia-en:Shareholder_primacy

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