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Record W3165281567 · doi:10.4337/9781800375772.00013

Shareholder value becomes law

2021· book-chapter· en· W3165281567 on OpenAlexaboutno aff
P. M. Vasudev

Bibliographic record

VenueEdward Elgar Publishing eBooks · 2021
Typebook-chapter
Languageen
FieldBusiness, Management and Accounting
TopicCorporate Governance and Law
Canadian institutionsnot available
Fundersnot available
KeywordsShareholderShareholder valueNormativeCorporate lawBusinessValue (mathematics)Shareholder primacyLaw and economicsAccountingLawCharacter (mathematics)Corporate governancePolitical scienceSociologyFinanceComputer scienceMathematics

Abstract

fetched live from OpenAlex

The chapter traces the recognition of shareholder value in Delaware and Canada, as the corporate goal in law. The development has serious implications. It pays scant attention to the corporate enterprise and relegates non-shareholder interests to relative irrelevance. Pointing out the cursory manner in which judicial recognition of shareholder value occurred, the chapter explains the problems with the common law method of legal development in dealing with complex issues such as the normative character of business corporations and their purpose.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesMeta-epidemiology (narrow), Scholarly communication, Insufficient payload (model declined to judge)
Consensus categoriesInsufficient payload (model declined to judge)
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Not applicable · Consensus signal: none
GenreCandidate signal: Other · Consensus signal: Other
Teacher disagreement score0.701
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0000.000
Meta-epidemiology (narrow)0.0010.001
Meta-epidemiology (broad)0.0010.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0080.004
Open science0.0010.001
Research integrity0.0010.001
Insufficient payload (model declined to judge)0.0030.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.031
GPT teacher head0.203
Teacher spread0.172 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; both teacher heads agree on what is shown here.

Study designNot applicable
Domainnot available
GenreOther

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations1
Published2021
Admission routes1
Has abstractyes

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