Reforming English Company Law to Promote Sustainable Companies - European Company Law View Reforming English Company Law to Promote Sustainable Companies by - European Company Law Reforming English Company Law to Promote Sustainable Companies 11 2

English company law already gives company directors scope to take account of sustainability in their decision-making, but corporate governance gives them strong incentives not to do so. This article argues that English company law should require directors to identify and internalise the company's externalities and that corporate governance, which incentivises the pursuit of short-term shareholder value, must be reformed

European Company Law