Cambridge Handbook of Corporate Law, Corporate Governance and Sustainability

Edited by Beate Sjåfjell, University of Oslo, and Christopher M. Bruner, University of Georgia.

Published with Cambridge University Press (2019, print publication year 2020).

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The emerging field of corporate law, corporate governance and sustainability is one of the most dynamic and significant areas of law and policy in light of the convergence of environmental, social and economic crises that we as a global society face. Understanding the impact of the corporation on society and realizing its potential for contributing to sustainability is vital for the future of humanity. 

The new Cambridge Handbook of Corporate Law, Corporate Governance and Sustainability comprehensively assesses the state-of-the-art in this field through in-depth discussion of sustainability-related problems, numerous case studies on regulatory responses implemented by jurisdictions around the world, and analyses of predominant strategies and potential drivers of change.  The Handbook will be an essential reference for students, scholars, practitioners, policymakers and general readers interested in how corporate law and governance have exacerbated global society’s most pressing challenges, and how reforms to these fields can help us resolve those challenges and achieve sustainability. 


Forewords by Mervyn E. King and Margaret M. Blair


Chapter 1: Corporations and sustainability, Beate Sjåfjell and Christopher M. Bruner

Part I Global business and fragmented regulation

Chapter 2:  Trade, investment and corporate sustainability, Clair Gammage and Tonia Novitz

Chapter 3: Extraterritorial attempts at addressing challenges to sustainability, Jingchen Zhao

Chapter 4: De-fragmenting transnational business responsibility: principles and process, Karen Morrow and Holly Cullen

Chapter 5: Sustainability and the move from corporate governance to governance through contract, Jaakko Salminen

Part II Corporate law, financial markets and sustainability

Chapter 6: The history of shareholder primacy, from Adam Smith through the rise of financialism, Judd F Sneirson

Chapter 7: Corporate governance and the political economy of the company, Lorraine Talbot

Chapter 8: Taming unsustainable finance: the perils of modern risk management, Jay Cullen, and Jukka Mähönen

Chapter 9: The international order of corporate taxation: from market-building to sustainable fiscal settlement? Jussi Jaakkola and Reijo Knuutinen

Part III Corporate law, corporate governance and sustainability: case studies

Chapter 10: Progress is possible: sustainability in US corporate Law and corporate Governance, Dana Brakman Reiser

Chapter 11: Green but not enough: sustainability in Canadian corporate governance, Poonam Puri

Chapter 12: The Australian paradox: conservative corporate law in a progressive culture, Victoria Schnure Baumfield

Chapter 13: Moving beyond virtue signalling: Corporate sustainability for New Zealand, Susan Watson

Chapter 14: The EU as a potential norm creator for sustainable corporate groups, Blanaid Clarke and Linn Anker-Sørensen

Chapter 15: Market-led sustainability through information disclosure: the UK approach, Andrew Johnston

Chapter 16: Law, culture and sustainability: Corporate governance in the Nordic countries, Jukka Mähönen and Gudrun Johnsen

Chapter 17: Stakeholder value versus corporate sustainability: company law and corporate governance in Germany, Andreas Rühmkorf

Chapter 18: Worker participation, sustainability, and the puzzle of the Volkswagen emissions scandal, Matthew Bodie

Chapter 19: Corporate sustainability and shareholder activism in the Netherlands, Anne Lafarre and Christoph Van der Elst

Chapter 20: Old-fashioned yet innovative: corporate law, corporate governance and sustainability in France,  Véronique Magnier

Chapter 21: The unsuccessful pursuit for sustainability in Italian business law, Alessio Bartolacelli

Chapter 22: Sustainability and the transformation of the Socialist corporation into the private corporation: three lost decades? Liviu Damsa

Chapter 23: Limited demand, limited supply: corporate governance and sustainability in Russia, Carsten Sprenger

Chapter 24: The Pacific Alliance: an opportunity for a sustainable system of corporate law and governance in Latin America, Alvaro Pereira

Chapter 25: Social environmentalism and corporate capture: corporate governance and sustainability in Brazil, Luciana Dias

Chapter 26: The Social and Ethics Committee: innovating corporate governance in South Africa, Tshepo H. Mongalo

Chapter 27: Reforming the Nigerian oil and gas sector: towards corporate sustainability? Adure Uzo-Peters

Chapter 28: Enlightenment or resistance? Promoting sustainability through corporate law and governance in Mauritius, Renginee G. Pillay, T. Soobaroyen, J.D. Mahadeo and N. Pariag-Maraye

Chapter 29: The community company as a vehicle for sustainability in Solomon Islands: hopes, challenges and possibilities, Vijaya Nagarajan and Terry Reid

Chapter 30: What does it mean to be sustainable? Regulating the relationship between corporations and indigenous peoples, Grant Christensen

Chapter 31: Shareholder voting and corporate sustainability in China: an empirical study, Chao Xi

Chapter 32: Corporate governance reform, social norms and sustainability in Japanese companies, Souichiro Kozuka

Chapter 33: Achieving Sustainable Developments Goals in India, Harpreet Kaur

Chapter 34: Sustainability and legislated corporate social responsibility in Indonesia, Benedict Sheehy and Cacik Rut Damayanti

Chapter 35: Islamic financial institutions and corporate sustainability: a study of Oman, Dubai and Malaysia, Abdul Karim Aldohni

Chapter 36: Leaders or Laggards? Corporate Sustainability in Hong Kong and Singapore, Christopher M. Bruner

Part IV Potential drivers for change

Chapter 37: Disclosure regulation and sustainability: legalisation and governance implications, Iris H-Y Chiu

Chapter 38: Sustainability reporting in Africa: A comparative study of Egypt, Equatorial Guinea, Kenya, Nigeria, Botswana and South Africa, Ondotimi Songi and Ayesha Dias

Chapter 39: Global supply chains and sustainability: the role of disclosure and due diligence regulation, Charlotte Villiers

Chapter 40: Aligning social investing with nature's timescales, Benjamin J. Richardson

Chapter 41: Shareholder stewardship: a case of (re)embedding institutional investors and the corporation? Dionysia Katelouzou

Chapter 42: Green bonds and beyond: debt financing as a sustainability driver, Stephen Kim Park

Chapter 43:  Conflicts and coalitions: the drivers of European corporate sustainability reforms, David Monciardini

Chapter 44: Gender as a catalyst for corporate reform, Roseanne Russell

Chapter 45: Amenable controls: how companies influences laws, reputation, and morals, Roy Shapira

Chapter 46: Social enterprise law: friend or foe to corporate sustainability? Carol Liao

Chapter 47: Certifying ‘good’ companies: a comparative study of regulatory design, Florian Möslein

Chapter 48: The cooperative as a platform for sustainable business operations, Ville Pönkä

Chapter 49: Realising the potential of the board for corporate sustainability, Beate Sjåfjell


Chapter 50: Corporate law, corporate governance and the pursuit of sustainability, Christopher M. Bruner and Beate Sjåfjell

More information about the volume is available on the website of Cambridge University Press. 

Published May 3, 2019 8:44 AM - Last modified July 1, 2020 10:17 AM