Magoosh GRE

Tag: 172

Section 172 companies act 2006

| January 4, 2015

Chapter 1: Introduction and overview The Companies Act 2006 s.172 is a compromise between a pluralistic stakeholder approach which obliges directors to consider stakeholders by law in making their decisions and a shareholder primacy approach which concentrates on purely market concerns and leaves stakeholders of companies at the mercy of self regulation .

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