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Corporate Governance, Fiduciary Duty and Social Responsibility [DOC]
This paper will suggest that a more spacious view of inveterate and unchanging legal concepts – such as the law of trusts – provide a framework for the construction of ethical corporations. We will suggest that ethical corporate behavior is characterized by three principal norms. Health – concern for the well being and biological survival of human participants Care of Infants – Concern with the long term - of sustainability Fairness – inter generational, inter national, and between the various components of the corporate constellation. Sharing of risks and benefits.
For The Association of American Law Schools Annual Meeting January 2010. Speech not given and Bob did not attend.


Unintended Consequences
Bob Monks discusses the unintended consequences to the U.S. Government response to the financial crisis. Are we going to live with vast unemployment and superbanks?

Ownerless Capitalism
Bob Monks talks about the results of the financial crisis -- 2009 in retrospect.  "The Shareholders are powerless..."

Power Corrupts
Bob Monks discusses the failure of corporations to self-regulate and how that contributed to the economic collapse.

End of Capitalism
Bob Monks talks about the end of capitalism as we know it.

Speech at Harvard Law School -- Shareholder Activism Class [PDF]
Bob Monks speech to Lucian Bebchuk's Shareholder Activism class at Harvard Law School, November 2009.

Chief Justice Roberts: Judicial Activist for Corporate Power [PDF]
Bob Monks and Peter Murray's essay about the Supreme Court choosing to re-hear the Citizens United v. F.E.C. court case and granting corporations expanded rights to contribute to political campaigns.  Often portrayed as a free speech  or First Amendment case, this case opened the way for increased corporation influence in politics and marked the Roberts Court as a major actor in increasing corporate power.

My Last Exxon Annual Meeting [PDF]
Annual Meetings are one of the least commented upon contradictions in contemporary capitalism. Statutes advertise them as the time and place for management and owners to meet; for corporate executives to account for their stewardship of the investors resources; and for the shareholders to have the opportunity to hold these managers to account. The reality, alas, is otherwise –

Who is Responsible?
Robert Monks discusses the economic crisis, responsibility and his letter to Goldman Sach's Lloyd Blankfein.

A Revolution is Taking Place in America
Is Free Market Capitalism Over? Robert AG Monks discusses the economic crisis.

Free Speech for Corporations
This Mark Magee cartoon points out the irony of granting corporations speech rights.

Return of the Shareholder [PDF]
Bob Monks' on responsible ownership and corporate governance, 2009.  "Less than two decades after Francis Fukuyama famously enshrined market-based liberal democracy as an optimal system at ―the "end of history," Barack Obama used his inaugural address to warn the nation that, "without a watchful eye, the market can spin out of control."  The change in tenor from capitalist triumphalism to our current trepidation is indeed remarkable..." February 24, 2009.

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