Stakeholder protection in corporate governance and in the legal system, the founders’ perspective, and the varieties of capitalism (original) (raw)

The paper discusses the protection of stakeholder interests, particularly focusing on employees, in the context of corporate governance and legal systems from the founders' perspective. It contrasts different capitalistic models, highlighting the interplay between ethical considerations and economic consequences on firm behavior and stakeholder protection. Furthermore, it examines how varying legal frameworks shape stakeholder rights, the role of externalities, and the importance of an ethical framework in corporate decision-making, ultimately arguing for a nuanced understanding of stakeholder interests within different socio-economic models.