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"Over the last two decades there has been a notable increase in the number of corporate governance codes and principles, as well as a range of improvements in structures and mechanisms. Despite this, corporate governance failed to prevent a widespread default of fiduciary duties of corporate...
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This paper, (2016) 30 Trust Law International 71 discusses the constraints and influences on a trustee board imposed by the proper purposes doctrine in English law. This is the rule (not limited to fiduciaries) that any exercise of a power or discretion must be for a proper purpose or at least...
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In this supplemental article, we introduce some useful results in spectral theory and perturbation theory. Some of the results are well-established. We briefly review them for the purpose of easy reference. We derive a novel bound for the perturbation of eigenprojections, which plays a key role...
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A review of the application of the proper purposes test to decisions of trustees of UK occupational pension scheme. Looking at case law dealing with the purpose of a pension trust, amendment powers, transfer powers and investment powers among others
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