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Full-Text Articles in Law
Behavioral Finance And Investor Governance, Lawrence A. Cunningham
Behavioral Finance And Investor Governance, Lawrence A. Cunningham
Washington and Lee Law Review
No abstract provided.
Doing Well While Doing Good: Reassessing The Scope Of Directors' Fiduciary Obligations In For-Profit Corporations With Non-Shareholder Beneficiaries, Lisa M. Fairfax
Doing Well While Doing Good: Reassessing The Scope Of Directors' Fiduciary Obligations In For-Profit Corporations With Non-Shareholder Beneficiaries, Lisa M. Fairfax
Washington and Lee Law Review
No abstract provided.
Why A Board? Group Decisionmaking In Corporate Governance, Stephen M. Bainbridge
Why A Board? Group Decisionmaking In Corporate Governance, Stephen M. Bainbridge
Vanderbilt Law Review
This Article begins by briefly describing the role of the board both in law and in practice. Part II explores the distinction be- tween consensus and authority as modes of institutional decision- making. As hierarchical institutions, corporations rely far more heavily on authority than on consensus. Yet, at the apex of the hierarchy is a collegial body that functions mainly by consensus.
Part III is the core of the Article. In order to evaluate corporate law's preference for collective decisionmaking, we need to know whether group decisionmaking is superior to that of individuals. A wealth of experimental data suggests that …