Agostini, F. and Corgatelli, M. (2022) Article 25 of the Proposal for a Directive on Corporate Sustainability Due Diligence: enlightened shareholder value or pluralist approach? European Company Law, 19(4), pp. 92-99.
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Publisher's URL: https://kluwerlawonline.com/journalarticle/European+Company+Law/19.4/EUCL2022016
Abstract
On February 23 2022, the European Commission published the long-awaited Proposal for a Directive on Corporate Sustainability Due Diligence. Art. 25 of the Proposal also includes an attempt to harmonize “Directors’ Duty of care”. This Article contextualizes the approach adopted by the European Commission and it compares it to the UK “enlightened shareholder value” approach enshrined under S. 172 of the Companies Act 2006. The comparison allows to draw preliminary conclusions on the potential harmonizing effects of Art. 25 on the formulation and enforcement of directors’ duties across the legal frameworks of the EU jurisdictions.
Item Type: | Articles |
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Status: | Published |
Refereed: | Yes |
Glasgow Author(s) Enlighten ID: | Agostini, Mrs Federica |
Authors: | Agostini, F., and Corgatelli, M. |
College/School: | College of Social Sciences > School of Law |
Journal Name: | European Company Law |
Publisher: | Kluwer Law International |
ISSN: | 1572-4999 |
Copyright Holders: | Copyright © 2022 Kluwer Law International BV, The Netherlands |
First Published: | First published in European Company Law 19(4):92-99 |
Publisher Policy: | Reproduced in accordance with the copyright policy of the publisher |
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