Vanderbilt Journal of Transnational Law


Dana Muir

First Page



The 2001 Symposium on Corporate Governance, Stakeholder Accountability, and Sustainable Peace explored possible connections between corporations and sustainable peace. The Symposium's discussions were inspired by the view that liberal values and democratic principles help prevent violent conflict in society. In this Article, the Author discusses the notable ideas expressed in the symposium, including those articulated by Professors Timothy L. Fort, Cindy A. Schipani, and Terry M. Dworkin. The Author posits that formal programs enabling employees as owners and participants in their corporations may promote employee voice and improve corporate governance. Financial participation rights, decision-making participation rights, and "entry" and "exit" rights are the three basic dimensions of such programs. The Author asserts that corporations will necessarily consider the viewpoints of employees and their communities as a consequence of employee ownership and participation programs, which will ultimately contribute to sustainable peace in society.