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Sessions Information
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January 4, 2017
1:45 pm - 2:45 pm
Session Type: Subsessions
Session Capacity: N/A
Hotel: Hilton San Francisco Union Square
Room: Union Square 1 & 2
Floor: 4th Floor
Because virtually all laws govern the conduct of people and their relations to "things" and to one another, many legal scholars believe that an answer to the question posed by this session title is needed to determine the governmental power to regulate corporations, the related rights of natural persons (whether acting as corporate stakeholders or otherwise), corporate governance, and the duties of corporate fiduciaries. Notwithstanding many decisions having a profound effect on democracy and economic opportunity in a market economy, the U.S. Supreme Court has yet to definitively resolve this question. Calling corporations "persons" but not "natural persons" leaves the question unresolved. This session will explore this question in light of jurisprudential and economic issues raised by competing characterizations of the corporation including the artificial entity, real entity, public utility, and aggregate theories of the corporation, as well as competing governance theories including director primacy, shareholder primacy, and team production theories, which furthermore implicate various perspectives on the wealth maximization for shareholders stakeholders, and society.
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Session Speakers
Syracuse University College of Law
Moderator
New York Law School
Speaker
Maurice A. Deane School of Law at Hofstra University
Speaker
University of Akron School of Law
Speaker
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Session Fees
Fees information is not available at this time.
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