Title Purpose of a Company in 21st Century: Comparative Analysis of Legal Aspects
Translation of Title Bendrovės tikslas XXI amžiuje: teisinių aspektų lyginamoji analizė.
Authors Shot, Yevhen
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Pages 85
Keywords [eng] company’s purpose ; shareholder primacy ; short-termism
Abstract [eng] Master Thesis identifies the characteristics of companies that distinguish them from other forms of human associations, describes the essence and historical development of the company’s purpose concept, specifies the most appropriate model of corporate governance in the 21st century due to the modern environmental, social and economic challenges through comparative analysis of legal aspects. The research determines short-termism as a result of maximizing shareholder value and its impact on the social well-being of societies, identifies corporate social responsibility as an alternative to shareholder primacy and a necessary prerequisite for achieving sustainable development.
Dissertation Institution Mykolo Romerio universitetas.
Type Master thesis
Language English
Publication date 2021