Law Commons^™

Corporate Ethics: Approaches And Implications To Expanding The Corporate Mindset Of Profitability, 49 Loy. U. Chi. L.J. 637 (2018), Arthur Acevedo

Arthur Acevedo

This Article discusses the convergence of law and ethics in the context of corporations. It begins by detailing past attempts at and limitations on regulating corporate conduct. It then explores the business judgment rule in the context of ethical conduct. Finally, it considers the growing influence of millennials and social investing on corporate conduct, and concludes by cautioning corporate directors to adopt ethical practices in order to remain relevant in the marketplace.

"Trade Or Business": The Relevance Of A Deceptively Simple Income Tax Phrase To The Labor Code, Federal Statutes, And Private Equity Activity, Arthur Acevedo

Arthur Acevedo

Corporate law is premised upon two fundamental principles: the pooling of moneys for investment purposes and the privilege of limited liability. The pooling of money enables promoters and investors to efficiently amass and organize substantial sums for investment purposes. The privilege of limited liability assures investors that personal liability for the underlying invested activity is limited to the moneys invested. Limited liability is a sacrosanct principle and a quintessential investment assumption within the investment community. Private equity firms have successfully exploited these two policies. However, a decision by the First Circuit Court of Appeal casts a shadow of doubt on …

Abusive Tax Practices: The 100-Year Onslaught On The Tax Code

Arthur Acevedo

No abstract provided.

Op-Ed: Is There A Magic Bullet For Reducing Police Corruption?, Arthur Acevedo

Arthur Acevedo

No abstract provided.

Outputs And Outcomes And Assessments: Oh My!, Susan Brody, Arthur Acevedo, Lurene Contento

Arthur Acevedo

No abstract provided.

The Fox And The Ostrich: Is Gaap A Game Of Winks And Nods?, 12 Transactions 63 (2010), Arthur Acevedo

Arthur Acevedo

No abstract provided.

Responsible Profitability? Not On My Balance Sheet!, Arthur Acevedo

Arthur Acevedo

No abstract provided.

Abusive Tax Practices: The 100-Year Onslaught On The Tax Code, 17 Barry L. Rev. 179 (2012), Arthur Acevedo

Arthur Acevedo

This article explores the actions taken by tax protesters and aggressive tax planners, and the response by Congress. It also examines whether Congress has taken sufficient action to curb abusive taxpayer practices. The thesis of the article is that Congress's faint-hearted responses to abusive taxpayer conduct are untimely, inefficient, and ineffective. Congress's weak responses since the inception of the Code have contributed to a culture of income tax avoidance and a growing sense of taxpayer frustration with income tax laws. Part II examines the culture of tax avoidance in the U.S. and how this attitude has manifested itself in our …

Responsible Profitability - Not On My Balance Sheet, 61 Cath. U. L. Rev. 651 (2012), Arthur Acevedo

Arthur Acevedo

Many free-market capitalists believe in the syllogism that if a free market results in progress, and if progress is good, then by definition a free market must be good. Two hundred years of economic development support this proposition. The capitalist model, which is premised on free-market ideology, is credited with producing many of the riches enjoyed by society as a whole. Indeed, the pursuit of economic freedom ranks among the primary motivations for the founding of the United States. The corporation has enabled that pursuit and can be credited with greatly contributing to the advancement of free-market capitalism.

Proponents of …

How Sarbanes-Oxley Should Be Used To Expose The Secrets Of Discretion, Judgment, And Materiality Of The Auditor's Report, 4 Depaul Bus. & Comm. L.J. 1 (2005), Arthur Acevedo

Arthur Acevedo

No abstract provided.

Supreme Court Year In Review, Arthur Acevedo

Arthur Acevedo

No abstract provided.

Income Tax Policy, Or The Lack Thereof. How Codifying Tax Policy Will Harmonize Tax Enforcement Efforts, Arthur Acevedo

Arthur Acevedo

No abstract provided.

Ordinary And Necessary': Beyond The Rhetoric Of Closing Income Tax Loopholes, Arthur Acevedo

Arthur Acevedo

No abstract provided.

Speaker, Arthur Acevedo

Arthur Acevedo

No abstract provided.

The Occupy Wall Street Protests, Arthur Acevedo

Arthur Acevedo

No abstract provided.

Privatizing The Income Tax Audit Function, Arthur Acevedo

Arthur Acevedo

No abstract provided.

The Fox And The Ostrich: Is Gaap A Game Of Winks And Nods?, Arthur Acevedo

Arthur Acevedo

The fox is frequently described as sly, cunning and calculating in world literature. It is often associated with behavior that seeks advantage through trickery and pretext. The ostrich on the other hand, has been portrayed as cowardly and irrational. Its character defect is epitomized when it sticks its head in the sand at the first sign of trouble. The Financial Accounting Standards Board (FASB) can be described as the fox; the Securities Exchange Commission (SEC), the ostrich. This article examines the creation of accounting principles by the fox and the failure to govern by the ostrich. History demonstrates that the …

The Fox And The Ostrich: Is Gaap A Game Of Winks And Nods?, Arthur Acevedo

Arthur Acevedo

Abstract: The fox is frequently described as sly, cunning and calculating in world literature. It is often associated with behavior that seeks advantage through trickery and pretext. The ostrich on the other hand, has been portrayed as cowardly and irrational. Its character defect is epitomized when it sticks its head in the sand at the first sign of trouble. The Financial Accounting Standards Board (FASB) can be described as the fox; the Securities Exchange Commission (SEC), the ostrich. This article examines the creation of accounting principles by the fox and the failure to govern by the ostrich. History demonstrates that …