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Fiduciary Duties And Corporate Climate Responsibility, Cynthia A. Williams
Fiduciary Duties And Corporate Climate Responsibility, Cynthia A. Williams
Vanderbilt Law Review
Corporate-law scholarship for decades has been occupied with agency costs and how to mitigate them. But when I teach the basic business organizations class, starting with agency law and looking at the fiduciary duties of care, loyalty, and full disclosure of any agent to her principal, we explore both costs and benefits of agency relationships. I do so by introducing Ronald Coase’s theory of the firm. Using an example close to most second-year law students’ experience, that of buying a suit for interviews, I contrast Brooks Brothers establishing its own factories (the “make” decision) with Brooks Brothers using supply chains, …
Business Associations -- 1961 Tennessee Survey, Kenneth L. Roberts
Business Associations -- 1961 Tennessee Survey, Kenneth L. Roberts
Vanderbilt Law Review
I. CASES
A. Disregard of Corporate Entity
B. Action in Corporate Name After Revocation of Charter
C. Effect of Merger
1. Privilege Tax
2. Statute of Limitations
D. Judicial Intervention in Internal Corporate Affairs
E. Disregard of Fictitious Corporate Records
F. Criminal Liability of Corporation for Acts of Agents
G. Corporate Venue Under Federal Anti-Trust Laws
II. STATUTES
A. Unincorporated Associations Treated as Corporations
B. Amendments to Securities Law
C. Massachusetts Trust Act
D. Industrial Development Corporation "Projects"
E. Amendments Relating to General Welfare Corporations
F. Miscellany