‘Properly understood, corporate law can’t do squat about sustainability’

“The European Commission review of company law mentioned in the previous post prompted European corporate law scholars Florian Möslein and Karsten Engsig Sørensen to argue that ‘Company law can be designed in ways to address the climate change problem, as sustainability and company law interact closely with one other’. Although they argue they are carving out a ‘middle ground’, which relies on ‘nudging’, I remain deeply skeptical …” (more)

[ProfessorBainbridge.com, 11 May]

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