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Business Organizations Law

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2010

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Articles 1 - 2 of 2

Full-Text Articles in Law

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. Individual ...


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.