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Company Law and Sustainability: Legal Barriers and Opportunities, edited by Beate Sjåfjell and Benjamin J Richardson. Cambridge: Cambridge University Press, 2015, xvi + 340pp + (index) 15pp (£80 hardback). ISBN: 9781107043275.

Published online by Cambridge University Press:  02 January 2018

Ben Archer*
Affiliation:
Lancaster University

Abstract

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Type
Book Review
Copyright
Copyright © Society of Legal Scholars 2016

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References

1. Sjåfjell, B and Richardson, B (eds) Company Law and Sustainability: Legal Barriers and Opportunities (Cambridge: Cambridge University Press, 2015).CrossRefGoogle Scholar

3. R Howitt ‘Foreword’ in Sjåfjell and Richardson, above n 1.

4. B Sjåfjell and B Richardson ‘Capitalism, the sustainability crisis, and the limitations of current business governance’ in Sjåfjell and Richardson, above n 1, p 1.

5. Ibid, p 29.

6. Sjåfjell and Richardson, above n 4.

7. Ibid, p 2.

8. D Millon ‘Corporate social responsibility and environmental sustainability’ in Sjåfjell and Richardson, above n 1.

9. B Richardson ‘Financial markets and socially responsible investing’ in Sjåfjell and Richardson, above n 1.

10. Sjåfjell and Richardson, above n 4, p 3.

11. Millon, above n 8.

12. Sjåfjell and Richardson, above n 4, p 13.

13. Ibid.

14. Ibid, p 2.

15. Millon, above n 8.

16. B Sjåfjell et al ‘Shareholder primacy: the main barrier to sustainable companies’ in Sjåfjell and Richardson, above n 1.

17. Millon, above n 8, p 64.

18. Ibid, p 65.

19. Ibid, p 78.

20. Sjåfjell et al, above n 16.

21. Ibid, p 91.

22. Ibid, p 92.

23. Ibid, p 94.

24. Ibid, p 85.

25. Ibid, p 94.

26. Ibid, p 147.

27. B Clarke ‘The role of board directors in promoting environmental sustainability’ in Sjåfjell and Richardson, above n 1.

28. Ibid, p 153.

29. C Liao ‘Limits to corporate reform and alternative legal structures’ in Sjåfjell and Richardson, above n 1.

30. Ibid, p 275.

31. Ibid, p 284.

32. See CICOPA Cooperatives and Employment: A Global Report, available at http://bit.ly/1j9p1WI (accessed 15 January 2016). This 2014 report, which surveyed 74 countries, suggests that at least 250 million people are involved in cooperatives in some way. Within the G20, cooperatives account for 12% of the entire employed population. In Britain alone, some 7,000 cooperatives contribute approximately £37 billion to the economy, and in the USA there are over 30,000 cooperatives accounting for $600 billion in revenues.

33. B Sjåfjell and B Richardson ‘The future of company law and sustainability’ in Sjåfjell and Richardson, above n 1.

34. Ibid, p 324.

35. Ibid.

36. Ibid.

37. Ibid, p 320.

38. Ibid, p 336.

39. Ibid.

40. Ibid.

41. Ibid.

42. Official statistics from 2014 show that SMEs accounted for 99.8% of non-financial businesses across the EU28, employ 67% of the workers, and contribute to the economy 58% of gross value added. See European Commission Annual Report on European SMEs 2014–15, available at http://bit.ly/1CZVkRv (accessed 15 January 2016).