Open Access. Powered by Scholars. Published by Universities.®
- Keyword
-
- Arthur Andersen (1)
- Business ethics (1)
- Business managers (1)
- Competition (1)
- Compliance (1)
-
- Compromises (1)
- Corporate crime (1)
- Corporate institutional reform (1)
- Criminal fines (1)
- Deferred Prosecution Agreement (1)
- Department of Justice (1)
- Economic efficiencies (1)
- External controls (1)
- Law reform (1)
- Legal complexity (1)
- Managers (1)
- Market failures (1)
- Non-Prosecution Agreement (1)
- Ownership (1)
- Profits (1)
- Prosecutors (1)
- Respondeat superior (1)
- Shareholder wealth (1)
- Social responsibility (1)
- Stakeholders (1)
Articles 1 - 2 of 2
Full-Text Articles in Law
Too Vast To Succeed, Miriam H. Baer
Too Vast To Succeed, Miriam H. Baer
Michigan Law Review
If sunlight is, in Justice Brandeis’s words, “the best of disinfectants,” then Brandon Garrett’s latest book, Too Big to Jail: How Prosecutors Compromise with Corporations might best be conceptualized as a heroic attempt to apply judicious amounts of Lysol to the murky world of federal corporate prosecutions. “How Prosecutors Compromise with Corporations” is the book’s neutral- sounding secondary title, but even casual readers will quickly realize that Garrett means that prosecutors compromise too much with corporations, in part because they fear the collateral consequences of a corporation’s criminal indictment. Through an innovation known as the Deferred Prosecution Agreement, or DPA, …
The Corporation’S Place In Society, Gabriel Rauterberg
The Corporation’S Place In Society, Gabriel Rauterberg
Michigan Law Review
The vast majority of economic activity is now organized through corporations. The public corporation is usurping the state’s role as the most important institution of wealthy capitalist societies. Across the developed world, there is increasing convergence on the shareholder-owned corporation as the primary vehicle for creating wealth. Yet nothing like this degree of convergence has occurred in answering the fundamental questions of corporate capitalism: What role do corporations serve? What is the goal of corporate law? What should corporate managers do? Discussion of these questions is as old as the institutions involved.