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UCC School of Law’s Professor Irene Lynch Fannon and Michael James Boland contribute to upcoming publication on Sustainable Value Creation in the EU
A chapter co-authored by Professor Lynch Fannon and Mr Boland entitled ‘The Corporation and the EU Social Market Economy: A Renewed Commitment’ will feature in the collection of essays, due to be published by Cambridge University Press in 2022.
The book traces its roots back to a conference held in 2015, when a group of scholars gathered to discuss the economic crisis in Greece. Viewing the case of Greece as symptomatic of broader European and global problems, the idea for the essay collection took hold, and Professor Charlotte Villiers (University of Bristol), Dr Georgina Tsagas (formerly University of Bristol, now Brunel University London) and Professor Beate Sjåfjell (University of Oslo) began planning an edited volume.
The resulting text, ‘Sustainable Value Creation in the EU: Towards Pathways to a Sustainable Future through Crises’ has now been submitted to Cambridge University Press for publication this year. Professor Lynch Fannon and Mr Boland have co-authored Chapter 3, ‘The Corporation and the EU Social Market Economy: A Renewed Commitment’, which challenges the binary divisions that have been drawn within corporate law scholarship whereby the US represents the neo-liberal model of corporate governance, and the EU represents the social model of corporate governance.
Speaking about their chapter, which is based on pre-existing research by Professor Irene Lynch Fannon and on doctoral research by Michael James Boland, the authors said:
We argue that these neat divisions do not accurately represent the models of corporate governance in either jurisdiction as the features of US corporate governance that are neo-liberal in nature exist in the EU just as the features of EU corporate governance that align with the social model exist in the US. We conclude that in place of this binary oppositional debate more can be learned about the modern corporation by studying the culture of the corporation and in trying to understand how that influences how management make decisions.
‘Sustainable Value Creation in the EU: Towards Pathways to a Sustainable Future through Crises’ is forthcoming, so watch this space for further details on a pre-order link and book launch. In the meantime, the volume’s introductory chapter and abstracts from all chapters, including Professor Lynch Fannon and Mr Boland’s, can be found on SSRN.
Link to abstract of ‘The Corporation and the EU Social Market Economy: A Renewed Commitment’ by Professor Irene Lynch Fannon and Michael James Boland: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3820703
Link to further information on the text via University of Oslo Faculty of Law (includes SSRN links to all chapter abstracts): https://www.jus.uio.no/english/research/areas/companies/news/new-book-in-print.html