Legal creativity and boardroom creativity

TY - CHAP

T1 - Legal creativity and boardroom creativity

AU - Belcher, Alice

N1 - Copyright: © 2021 Springer Nature Switzerland AG.

PY - 2021/4/15

Y1 - 2021/4/15

N2 - In this chapter the implementation of a creative idea is treated as being equivalent to its innovation. Such implementation is possible only within a creative space set by a variety of influences at what I label a “higher level”.The creative space available to a board of directors can be changed by changing company law or corporate governance rules. The examples of legal innovation discussed in detail in the chapter can all be seen as increasing director responsibility and possibly director liability.However, I have presented them rather differently as potential expansions of the directors’ creative space to make better collective decisions that create the company’s future. While one conclusion is that the law can expand the creative space for directors to imagine and create the future, another conclusion is that the latest legal and corporate governance developments are more concerned about the collective or social nature of that creativity than with creativity as individual brilliance.

AB - In this chapter the implementation of a creative idea is treated as being equivalent to its innovation. Such implementation is possible only within a creative space set by a variety of influences at what I label a “higher level”.The creative space available to a board of directors can be changed by changing company law or corporate governance rules. The examples of legal innovation discussed in detail in the chapter can all be seen as increasing director responsibility and possibly director liability.However, I have presented them rather differently as potential expansions of the directors’ creative space to make better collective decisions that create the company’s future. While one conclusion is that the law can expand the creative space for directors to imagine and create the future, another conclusion is that the latest legal and corporate governance developments are more concerned about the collective or social nature of that creativity than with creativity as individual brilliance.

KW - Law and Management

KW - Legal innovation

KW - Legal creativity

KW - Directors

KW - Corporate governance

KW - Creative space

KW - Collective decisions

U2 - 10.1007/978-3-030-47447-8_10

DO - 10.1007/978-3-030-47447-8_10

M3 - Chapter (peer-reviewed)

SN - 9783030474461 (hbk)

SN - 9783030474492 (pbk)

SP - 231

EP - 252

BT - Mapping Legal Innovation

A2 - Masson, Antoine

A2 - Robinson, Gavin

PB - Springer Nature Switzerland AG

CY - Switzerland

ER -