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This is an accepted manuscript of a book chapter in the edited volume: Big Data and Armed Conflict: Legal Issues Above and Below the Armed Conflict Threshold
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Africa is often depicted in the literature as the ‘patron late to the party’ on account of her low uptake of corporate governance codes. Notwithstanding, countries that have an existing corporate governance code continue to exhibit weak corporate accountability and governance practices. This prompted a critical analysis based on a detailed review of published articles and existing codes in the African multiple-contexts. Our findings reveal that the efficacy of many codes remains very limited in terms of pragmatic outcomes whilst firms in countries that have adopted codes continue to face uneven performance and poor accountability. We conclude by urging for an understanding of the reasons underlying such results. We recommend an African led re-think (independence, ownership, board processes) of existing codes to make them more aligned with the governance needs of African firms and their complex sociocultural background. We call for further research to illuminate Africa’s actual governance experiences and necessities.
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In this chapter, I ask whether shares in corporations ought to command more attention within theories of property. Contemporary liberal property theorists typically take land (and sometimes goods) as the basic case of property. Shares tend to be left out of these accounts or treated as imitations or mutations of the basic case. Economists, for their part, have transformed the idea of ownership: ‘owner’ refers to the ultimate beneficiary of the value of assets. Shares are treated as a central case of property by those who take this approach. Shareholders are taken to own the corporation insofar as they are the ultimate beneficiaries of its value. In this chapter, I concede shares do not fit within the traditional property framework. This does not mean, however, that the traditional idea of property is obsolete and that a new property framework is in order.
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Este trabajo trata del régimen especial de responsabilidad de los administradores por la llevanza de las páginas web corporativas de las sociedades de capital no cotizadas, establecido por el art.11-ter LSC. Este régimen, que solo se aplica al deber de mantenimiento de lo insertado y a la garantía de ausencia de interrupción al acceso, descarga e impresión gratuitos de la información publicada, parece diferir del régimen general de responsabilidad de administradores, establecido en los arts.236 a 241-bis, en algunos aspectos. El autor analiza esas diferencias, que pueden constituir la causa del pobre empleo en la actualidad de este instrumento en las sociedades de capital españolas.
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