This thesis examines the legal duties of directors of UK public companies in the light of the 'stakeholder' approach to the firm. It considers the theory that directors are not simply agents of shareholders, but have a duty to take into consideration and, where appropriate, to balance the interests of several constituencies. Examples of suggested stakeholders include employees, customers, suppliers and creditors, as well as the local community and the natural environment. If this broad view of public company responsibility is warranted, the role of the law in securing a 'stakeholder' style of management needs to be examined, and this study attempts that task. To this end, empirical research was conducted via interviews with public company directors and secretaries from a range of public companies of different sizes operating in many business sectors to investigate: • the extent to which at present they view their role as requiring assessment and inclusion of the interests of stakeholders • the manner in which such assessment and inclusion is actually carried out • the impact which a statutory formulation of duties to incorporate stakeholder interests would or might have on decisionmaking in practice • the effect of board structure on corporate decisionmaking. The effect of 'stakeholder orientation' of company directors on the economic performance and social impact of UK public companies was considered. The DTI's Company Law Review Steering Group has referred to the distinction between 'Enlightened Shareholder Value' and the 'Pluralist' approach. This thesis further reviews those arguments and seeks to set them in their commercial context. It is highly probable that there will be a new UK Companies Act following the next General Election. This thesis suggests a new statutory statement of directors' duties and considers the impact which such statutory wording might have. If directors' legal duties were to be reformulated, that change would needs to buttressed by a mechanism to protect stakeholder expectations, in court as a last resort. This thesis argues that the most promising form for such stakeholder remedies is that of the current 'unfair prejudice' action. If the UK is to avoid being left behind internationally in its system of corporate regulation, it needs to take its European Union obligations and the laws of other Member States into account. It is argued that the UK can find much to learn from the continental European traditions. The conclusion of the thesis focuses on the Company Law Review and its potential economic impact. It is argued that UK company law should address the rights of all stakeholders if it is to be ‘modern’ and ‘competitive’.

Made available in DSpace on 2016-04-26T20:25:40Z (GMT). No. of bitstreams: 1 Danielle Monteiro Prezia Aniceto.pdf: 983246 bytes, checksum: a4f30bca9571ea919276e50094b9f939 (MD5) Previous issue date: 2007-06-11 / The present dissertation deal with the execution of legal duties to do or not do something against State, which is denoted, into the procedure, of Public Treasury . The legal alterations promoted in the Civil Procedural Code and in the corresponding law, after the promulgation of the Brazilian Federal Constitucional, known by procedural reforms, resulted in a real transformation of the execution action and reflect the change of values and principles, deserving attention the principle of effectiveness, that overcame the principle of juridical security, which was excessively valuated. This orientation by the principle of effectiveness hits the others execution primary principles and creates new principles, that live on, nowadays, in the civil procedural system, with the traditional principles. The execution of legal duties to do or not to do something was especially hited by this new vision, overcoming the classic principle that supported the compensable protection (nemo praecise potest cogi ad factum), replaced by the specific protection. To concrete it, the brazilian juridical order have available various measures, to enforce the debtor to accomplish the obligation. The study discuss the possibility to impose sanctions against State, despite the juridical rule that the Public Administration are devoted to. This work discuss, then, by the study of the actual doctrine and jurisprudence, the acceptance of the imposition of enforceable measures against the Public Administration, such as fine, jail time, judicial intervention and the blockade of public grant / A presente dissertação trata da tutela jurisdicional executiva das obrigações de fazer e não fazer outorgada em face de pessoas jurídicas de direito público, as quais são designadas, dentro do processo, de Fazenda Pública . As alterações legais, promovidas no Código de Processo Civil e na legislação correlata, depois da promulgação da Constituição Federal de 1988, conhecidas como reformas processuais, resultaram em verdadeira transformação desta forma de tutela jurisdicional e refletem a mudança de valores e princípios que passaram a norteá-la, com destaque para o princípio da efetividade, que se sobrepôs ao princípio da segurança jurídica, antes valorizado em demasia. Essa orientação pelo princípio da efetividade afeta os demais princípios fundamentais da execução e dá origem a novos princípios, que atualmente convivem, no sistema processual civil, com seus princípios tradicionais. A tutela das obrigações de fazer e não fazer foi especialmente atingida por essa nova visão, ocorrendo a superação do princípio clássico que dava suporte à tutela ressarcitória (nemo praecise potest cogi ad factum), que cedeu lugar à tutela específica. Para concretizá-la, o nosso ordenamento prevê diversos meios, coercitivos e sub-rogatórios, que, dado o regime jurídico ao qual se submetem as pessoas jurídicas de direito público, em especial quanto a seus bens, questiona-se sobre a possibilidade do seu emprego contra elas. Discute-se, assim, a partir da análise da doutrina e da jurisprudência atual, o cabimento de medidas executivas contra a Fazenda Pública, como a multa diária, a prisão civil, a prisão penal, a intervenção judicial e o bloqueio de verbas públicas

The purpose of this study is to compile a concise and non-technical report of the Texas statutes and court decisions concerning school injuries.

O tema desenvolvido na tese diz respeito à suspensão do exercício de direitos do acionista, por deliberação da assembleia geral, na hipótese de descumprimento de determinados deveres societários pelo sócio. A suspensão de direitos tem como fundamento legal os artigos 120 e 122, V, da Lei n. 6.404, de 15 de dezembro de 1976 (Lei de Sociedades Anônimas). Não há previsão legal homóloga em direito comparado. No Brasil, a temática não foi objeto de estudo monográfico específico e detalhado. A tese procura, assim, sistematizar a matéria e oferecer contribuição original para o desenvolvimento do tema investigado. Na primeira parte, apresenta-se o tratamento normativo em matéria de suspensão de direitos do acionista a partir de escorço histórico da legislação brasileira e analisam-se os fundamentos teleológico e dogmático do instituto. A segunda parte estrutura-se em torno das posições jurídicas subjetivas passivas e ativas do acionista. Identificam-se, nesse contexto, quais são os deveres do acionista que, uma vez violados, constituem-se como hipótese de aplicação do art. 120 da Lei de Sociedades Anônimas e quais direitos, poderes e faculdades podem ter o seu exercício suspenso pela assembleia. Na terceira e última parte são destacados os aspectos controvertidos em torno da assembleia geral na qual se pretende deliberar sobre a suspensão dos direitos do acionista. Em especial, os problemas vinculados à competência privativa da assembleia, ao método assemblear e aos efeitos da deliberação e o controle desta. / The subject developed in this thesis regards the suspension of shareholders rights, through deliberation in shareholders meetings, in the event of failure to comply with corporate duties by the partner. The suspension of rights has as a legal basis the articles 120 and 122, V, of Law 6,404, of December 15, 1976 (Brazilian Companies Law.). There is no analogous legal provision in comparative law. In Brazil, the subject has not been the object of specific and detailed monographic study. The thesis therefore aims at systematizing the subject and offering an original contribution to the development of the subject investigated. In the first part, the regulatory treatment of the suspension of shareholders rights is presented by means of a historic foreshortening of Brazilian legislation and the teleological and dogmatic foundations of the institution are analyzed. The second part is structured around shareholders subjective legal positions, active and passive. In this context, we identify the shareholders duties that, once violated, provide grounds to the application of Article 120 of the Brazilian Companies Law and which rights, powers and faculties might have their exercise suspended by the shareholders meeting. The third and last part highlights the controversial aspects around shareholders meetings which deliberate upon the suspension of shareholders rights. In particular, the problems related to the assembly jurisdiction, the assembly method and the effects of its deliberation and control.