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Realigning the Corporate Building Blocks: Shareholder Proposals as a Vehicle for Achieving Corporate Social and Human Rights Accountability

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From: American Business Law Journal
Date: 20060701
Author:Dhir, Aaron A

"CORPORATION, n. An ingenious device for obtaining individual profil without individual responsibility."

-Ambrose Bierce, The Devil's Dictionary1

I. INTRODUCTION

At both the national and transnational levels, the issue of corporate accountability presently carries a distinct resonance. At the domestic level, in the wake of recent high-profile corporate scandals, investors in both the United Stales and Canada have suffered a loss of confidence and trust in corporate decision making. As a result, there has been a renewed focus on mechanisms for achieving corporate governance practices that ...

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