Re-examining the business judgment rule from a comparative perspective: Is it really in the shareholders’ interests?

One of the most remarkable features of US corporate law–at least, from the perspective of a foreign scholar–is the power given to the board of directors. Under current US corporate law (especially, in Delaware), the authority of the board of directors is not in significant question. Several argument...

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Main Author:	Aurelio GURREA-MARTINEZ
Format:	text
Language:	English
Published:	Institutional Knowledge at Singapore Management University 2016
Subjects:	Business Organizations Law Comparative and Foreign Law
Online Access:	https://ink.library.smu.edu.sg/sol_research/3712 https://ink.library.smu.edu.sg/context/sol_research/article/5670/viewcontent/reexamining__1_.pdf
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Institution:	Singapore Management University
Language:	English

id	sg-smu-ink.sol_research-5670
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spelling	sg-smu-ink.sol_research-56702022-02-08T01:35:22Z Re-examining the business judgment rule from a comparative perspective: Is it really in the shareholders’ interests? Aurelio GURREA-MARTINEZ, One of the most remarkable features of US corporate law–at least, from the perspective of a foreign scholar–is the power given to the board of directors. Under current US corporate law (especially, in Delaware), the authority of the board of directors is not in significant question. Several arguments have been given to explain this reality; and various policy justifications may even support the lack of substantive checks on board discretion. 2016-02-01T08:00:00Z text application/pdf https://ink.library.smu.edu.sg/sol_research/3712 https://ink.library.smu.edu.sg/context/sol_research/article/5670/viewcontent/reexamining__1_.pdf http://creativecommons.org/licenses/by-nc-nd/4.0/ Research Collection Yong Pung How School Of Law eng Institutional Knowledge at Singapore Management University Business Organizations Law Comparative and Foreign Law
institution	Singapore Management University
building	SMU Libraries
continent	Asia
country	Singapore Singapore
content_provider	SMU Libraries
collection	InK@SMU
language	English
topic	Business Organizations Law Comparative and Foreign Law
spellingShingle	Business Organizations Law Comparative and Foreign Law Aurelio GURREA-MARTINEZ, Re-examining the business judgment rule from a comparative perspective: Is it really in the shareholders’ interests?
description	One of the most remarkable features of US corporate law–at least, from the perspective of a foreign scholar–is the power given to the board of directors. Under current US corporate law (especially, in Delaware), the authority of the board of directors is not in significant question. Several arguments have been given to explain this reality; and various policy justifications may even support the lack of substantive checks on board discretion.
format	text
author	Aurelio GURREA-MARTINEZ,
author_facet	Aurelio GURREA-MARTINEZ,
author_sort	Aurelio GURREA-MARTINEZ,
title	Re-examining the business judgment rule from a comparative perspective: Is it really in the shareholders’ interests?
title_short	Re-examining the business judgment rule from a comparative perspective: Is it really in the shareholders’ interests?
title_full	Re-examining the business judgment rule from a comparative perspective: Is it really in the shareholders’ interests?
title_fullStr	Re-examining the business judgment rule from a comparative perspective: Is it really in the shareholders’ interests?
title_full_unstemmed	Re-examining the business judgment rule from a comparative perspective: Is it really in the shareholders’ interests?
title_sort	re-examining the business judgment rule from a comparative perspective: is it really in the shareholders’ interests?
publisher	Institutional Knowledge at Singapore Management University
publishDate	2016
url	https://ink.library.smu.edu.sg/sol_research/3712 https://ink.library.smu.edu.sg/context/sol_research/article/5670/viewcontent/reexamining__1_.pdf
_version_	1770576122385268736

Re-examining the business judgment rule from a comparative perspective: Is it really in the shareholders’ interests?

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