The race is on again:Shareholder versus Stakeholder Primacy-a New Era for Codetermination & Employee Democracy post COVID?

Since 2019, there has been a significant international movement away from shareholder primacy as a corporate law and governance model.

In this seminar, the following issues and proposals for law reform in Australia will be discussed: The shift from advocating shareholder primacy towards a stakeholder or pluralistic model in the US; the radical proposed approach towards “the future of the corporation” in the UK, the proposed top priority on community trust in corporations and the true meaning of “the best interests of the corporation” in Australia: and the renewed interests in employee democracy and codetermination by employees based on lessons learned from the COVID-19 crisis.

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