Directors' Fiduciary Duties: Unthreading the Joints of Shareholder Ratification
The concept of ratification of directorial breaches of fiduciary duties is riddled with inconsistencies and uncertainties. The authorities suggest first, that ratification in this sense is a matter that falls within the capacity and power of a majority of the shareholders, and secondly, that the eff...
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2005
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Online Access: | https://ink.library.smu.edu.sg/sol_research/744 |
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Institution: | Singapore Management University |
Language: | English |