The Stakeholder Theory and its Future in Australian Corporate Governance: A Preliminary Analysis

Andrea Corfield
1998 Bond Law Review  
extract] Whilst market forces lend great weight to implementation of the stakeholder theory, the theory remains an ethical model and has not attracted legal support. Whilst the legislature is not yet convinced of the benefits or necessity and particularly the workability of the stakeholder theory, I will examine the ability of companies to implement the theory as a business ethic under current Corporation Law.
doi:10.53300/001c.5316 fatcat:vrpcyfsetbcx7hnsghuhe7owsm