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Business Organizations Law

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Lyman P. Q. Johnson

Business Law

Articles 1 - 2 of 2

Full-Text Articles in Law

Are Corporate Officers Advised About Fiduciary Duties, Lyman P.Q. Johnson Jan 2013

Are Corporate Officers Advised About Fiduciary Duties, Lyman P.Q. Johnson

Lyman P. Q. Johnson

This Article reports the results of an empirical study of whether and how in-house corporate counsel advise corporate officers about fiduciary duties. The fiduciary duties of officers long have been neglected by courts, scholars, and lawyers, as the Introduction explains, even though executives play a central role in corporate success and failure. The study’s findings, organized by type of company (public or private), size, and attorney position within the firm, show several interesting patterns in advice-giving practices. For example, fewer than half of all respondents provided advice to officers below the senior-most rank. The results raise the possibility that, unlike …


Misunderstanding Director Duties: The Strange Case Of Virginia, Lyman Johnson Jan 2013

Misunderstanding Director Duties: The Strange Case Of Virginia, Lyman Johnson

Lyman P. Q. Johnson

No abstract provided.