LAW 533 Chapter Notes - Chapter 2: East India Company, Legal Personality, Governmentality

• School: Ryerson University
• Department: Law and Business
• Course: LAW 533
• Professor: Lori Anne Heckbert

Document Summary

A shift by the end of the 19th century from the old grand theory that corporations were disbursed on a discretionary basis by the crown and this was only available in england and. Pg 2-4: corporations are expected by law and through private-market based regulatory mechanisms and stakeholder pressure to internalize and address their social responsibilities, several of the re-responsibilization developments involve requirements of public disclosure of. Environmental, social, and ethical (ese) info, factors and impacts. In canada, the supreme court stated that directors should consider stakeholders in their decisions: another factor to re-responsibilization is through consumer pressure. Section 137(2: a corporation . shall set out the proposal in the management proxy circular . Section 137(5: a corporation is not required to comply with (2) if (b. 1) it clearly appears that the proposal does not relate in a significant way to the business or affairs of the corporation .