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It is trite law that a director is a fiduciary to his or her company and must act in the interests of the company. However, identifying the “interests of the company” is not so straightforward. Different theories of the nature of the company and different stakeholders interested in the...
Persistent link: https://www.econbiz.de/10012924548
This symposium essay summarizes our ongoing ethnographic research on corporate board diversity, discussing the central tension in our respondents’ views – their overwhelmingly enthusiastic support of board diversity coupled with an inability to articulate coherent accounts of board diversity...
Persistent link: https://www.econbiz.de/10014147842
This Article describes the results from fifty-seven interviews with corporate directors and a limited number of other persons (including institutional investors, search firm personnel, and the like) regarding their views on corporate board diversity. It highlights numerous tensions in these...
Persistent link: https://www.econbiz.de/10013063819
effect of academic independent directors who have received supervisory punishment. We find that when companies violate … after the punishment is announced. The punishment of academic independent directors influences the employment of other …
Persistent link: https://www.econbiz.de/10011844723
Independent director requirements have spread throughout Asia, generating diverse definitions, enforcement patterns and cadres of directors (Part I). Yet the proliferation itself, and some of its features, provide some support for convergence in corporate governance, especially in function...
Persistent link: https://www.econbiz.de/10012925139
The debate about the compensation of executives and directors is a discussion about incentives and agency costs. This article analyzes basic tools to reduce agency costs and also assesses the ongoing debate about the future regulation of the compensation of executives and directors. It draws...
Persistent link: https://www.econbiz.de/10014180330
In re RegO Co. involved the classic conflict between mass products liability claims and corporate dissolution law and the so-called fiduciary duty to creditors. If the duty to creditors is created only at insolvency or dissolution, what principle of corporate law justifies the transformation?...
Persistent link: https://www.econbiz.de/10014050387
Interview with The George Washington University’s Karen Thornton, director of the Government Procurement Law and Master of Science in Government Contracts programs. This article presents background about the school's mission to educate, develop, and expand the acquisition community. Emphasis...
Persistent link: https://www.econbiz.de/10014114634
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