Fiduciary duties as a helpful guide to ethical decision-making in business

Journal of Business Ethics

Volumn 74, Issue 1, 2007, Pages 1-15

  Young, Stephen B ^a  

^a Caux Round Table   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 34547260395     PISSN: 01674544     EISSN: 15730697     Source Type: Journal    
DOI: 10.1007/s10551-006-9126-1     Document Type: Review

References (77)

1. Berman, Harold, Law and Revolution, Volumes I and II (Cambridge, Mass; Harvard University Press, 1983 and 2003
2. For example, in Margaret Blair's book of 339 pages on ownership and control of corporations, only 3 pages are given over to discussion of fiduciary theory, Margaret M. Blair, Ed., Ownership and Control (Washington: Brookings Institution, 1995) pp. 56-58
3. Ezekiel 34:2
4. John 10:12, 13
5. Genesis 9:7
6. Genesis 17:1
7. Exodus 19:5-8
8. Exodus 23:31
9. Luke 17:21
10. Matthew 5:8
11. Matthew 5:
12. John 14:23
13. Matthew 12:35
14. Matthew 16:27
15. Matthew 26:28
16. Matthew 4:4; Luke 4:4
17. Robert N. Wilkin, Eternal Lawyer (New York: Mcmillan Company, 1947) p. 17
18. H.F. Jolowicz, Historical Introduction to the study of Roman Law, (Cambridge, At the University Press, 1932) p. 295;
19. See also Fritz Schulz, Classical Roman Law, (Oxford University Press, 1951) pp. 406-407;
20. and Rudolph Sohm, The Institutes of Roman Law, (Oxford at the Clarendon Press, 1892) p. 34
21. Rudolph Sohm, op. cit., p. 332, 338
22. Robert N. Wilkin, op. cit., p. 20
23. Samuel Gardiner, Constitutional Documents of the Puritan Revolution, (Oxford: Clarendon Press, 1906) p. 371
24. ibid, p. 384
25. John Locke, Second Treatise on Government in Burtt, Ed. The English Philosopher from Bacon to Mill, (New York: The Modern Library, 1939)
26. United States Constitution
27. United States Constitution
28. William Carey, Cases and Materials on Corporations, (Mineola: Foundation Press, 1969) p. 155
29. Samuel Pepys, Diary, Henry Wheatley, Ed., Vol. 1, p. 171 (New York: Random House)
30. Providence Bank v. Billings, 4 Pet. 514 (1830)
31. English Reports, Vol. XXVI
32. ibid
33. Humber Ferry Case, YB 22 Lib. Ass., in Plucknett, Concise History of the Common Law, p. 470 (Boston: Little Brown, 1956)
34. Young, Stephen B "The Law of Accountability: A Reconsideration of Negligence," Vol. 21 Connecticut Law Review, 197 (1989).
35. Cogss v. Bernard, 1 Salk. 26 (1703)
36. Adam Smith, The Wealth of Nations, (New York: The Modern Library, 1937)
37. ibid, p. 61
38. ibid, p. 437
39. ibid, p. 128
40. ibid, p. 129
41. ibid, p. 696
42. ibid, p. 700
43. ibid
44. ibid, p. 699
45. Blackstone, William, Commentaries on the Laws of England, (University of Chicago Press, 1979) Vol. 1, p. 455
46. ibid, Vol. 1, p. 463
47. ibid
48. ibid, Vol. 1, p. 469
49. ibid, Vol. 3, p. 163
50. McKinney's Consolidated Laws of New York Annotated, Book 6, Business Corporation Law, Section 703
51. ibid, Section 602
52. Delaware Code Annotated, Title 8, Section 211
53. Pepper v. Litton, 308 US 295, 306 (1939)
54. McKinney's Consolidated Laws of New York Annotated, Book 6, Business Corporate Law, Section 701, Delaware Code Annotated, Title 8, Section 141a
55. Briggs v. Spaulding, 141 US 132 (1891);
56. Bates v. Dresser, 251 US 524 (1920)
57. Barnes v. Andrews, 298 F. 614 (Second Circuit 1924)
58. For a different approach, see Blair op. cit. and Nesteruk op. cit.
59. Dodge v. Ford Motor Company, 170 NW 668 (1919)
60. Dirks v. SEC, 103 S. Ct. 3255 (1983)
61. Commodity Futures Trading Comm. v. Weintraub, 105 S. Ct. 1986 (1985)
62. M.T. Cicero, The Offices, BK 111, Section XV, Thomas de Quincey, Intro. (New York: E.P. Dutton 1953) p. 139
63. ibid, BK III, Section VIII, at page 127; BK III, Section III
64. Blackstone, op. cit., supra note 48a, BK I, p. 40
65. Adam Smith, The Theory of Moral Sentiments, (Indianapolis, liberty classics) part III. 3.34
66. See CRT Principles for Business at www.cauxroundtable.org
67. Goodpaster, Kenneth, "Business Ethics and Stakeholder Analysis", Business Ethics Quarterly, 1 January 1991, pp. 53-73;
68. John R. Boatright, "Fiduciary Duties and The Shareholder Management Relation: Or, What's So Special About Shareholders?", Business Ethics Quarterly, 4 (1994)
69. S. Berman, A. Wicks, S. Kotha and T. Jones, Does stakeholder orientation matter? The relationship between stakeholder management models and firm financial performance, Academy of Management Journal, Oct. 1999
70. ibid
71. American Law Institute, Restatement of the Law of Corporate Governance
72. Goodpaster, Kenneth, "Business Ethics and Stakeholder Analysis", Business Ethics Quarterly, 1 January 1991, pp. 53-73;
73. John R. Boatright, "Fiduciary Duties and The Shareholder Management Relation: Or, What's So Special About Shareholders?", Business Ethics Quarterly, 4 (1994)
74. Kenneth Goodpaster, T.D. Maines, M.D. Rovang, "Stakeholder Thinking: Beyond Paradox to Practicality", in Journal of Corporate Citizenship, 2002.
75. Stephen B. Young, Moral Capitalism (San Francisco: Berrett-Koehler 2004)
76. The Arcturus system can also be used to map to the underlying core concepts from the Global Compact and to the Compact Principles. It also facilitates a company's preparation of a triple-bottom line report using GRI reporting.
77. See CRT Principles for Business at www.cauxroundtable.org