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Author: Boatright, John R.
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Employee Governance and the Ownership of the Firm
Author: Boatright, John R.
Product Type: Research Notes / Working Papers
Source: Employee Governance and the Ownership of the Firm, Business Ethics Quarterly, Vol. 14, No. 1, pp. 1-21
Publication Year: 2004
By law, shareholders have an exclusive right to make certain corporate decisions, and this arrangement is generally justified by the shareholder’s role as the owner of the firm. However, many thoughtful observers hold that such a privileged position for shareholders is morally objectionable, in part because it neglects the important role played by employees.
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