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Business Organizations Law

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Florida State University College of Law

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The Equity Trustee, Kelli A. Alces Oct 2010

The Equity Trustee, Kelli A. Alces

Scholarly Publications

As we reel from the effects of a recent financial disaster, it is apparent that there is a significant gap in corporate governance and accountability for management. One reason we have experienced this financial cataclysm is the inability of shareholders to do the "shareholderj ob. " Shareholders, as the putative owners of corporations, hold a venerated place in corporate governance. They are responsible for electing directors and monitoring management as well as valuing companies through trades in a vigorous market. The shareholder collective action problem and resulting rational apathy have kept shareholders from effectively fulfilling their role in corporate governance. …


Revisiting Berle And Rethinking The Corporate Structure, Kelli A. Alces Jul 2010

Revisiting Berle And Rethinking The Corporate Structure, Kelli A. Alces

Scholarly Publications

No abstract provided.