A new book entitled The Corporation as Technology: Re-Calibrating Corporate Governance for a Sustainable Future and written by Christopher M. Bruner, the Stembler Family Distinguished Professor in Business Law here at the University of Georgia School of Law, has been released today by Oxford University Press.
Here’s OUP’s description:
“Recent decades have witnessed environmental, social, and economic upheaval, with major corporations contributing to a host of interconnected crises. The Corporation as Technology examines the dynamics of the corporate form and corporate law that incentivize harmful excesses and presents an alternative vision to render corporate activities more sustainable.
“The corporate form is commonly described as a set of fixed characteristics that strongly prioritize shareholders’ interests. This book subverts this widely held belief, suggesting that such rigid depictions reinforce harmful corporate pathologies, including excessive risk-taking and lack of regard for environmental and social impacts. Instead, corporations are presented as a dynamic legal technology that policymakers can re-calibrate over time in response to changing landscapes.
“This book explores the theoretical and practical ramifications of this alternative vision, focusing on how the corporate form can help secure an environmentally, socially, and economically sustainable future.”
Drawing upon corporate governance structures and reform efforts from around the world, Professor Bruner studies these issues in three parts, entitled, respectively, “The Dynamism of the Corporation,” “Re-Conceptualizing the Corporation,” and “Harnessing the Corporation.” Further details here.