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9 Mar 2010, 5:36 am
However, in the recent round of reforms, the Ministry of Corporate Affairs has deviated from that path to set out voluntary guidelines for corporate governance (discussed earlier here). [read post]
2 Jan 2011, 10:59 am by James Hamilton
The revised UK Corporate Governance Code contains a new principle stating that boards are responsible for determining the nature and extent of the significant risks they are willing to take in achieving their strategic objectives. [read post]
16 Oct 2023, 7:28 am by Anthony Box
So what does this mean for the corporations, partnerships, and high-income individuals involved? [read post]
1 Mar 2012, 3:39 pm by Alexander J. Davie
Indeed, the Delaware General Corporation Law also does not explicitly provide for fiduciary duties for a corporation’s management and yet they are indisputably present. [read post]
27 Oct 2009, 8:18 am
The content of this writing is not intended to constitute and does not constitute legal advice. [read post]
9 Mar 2010, 5:55 pm by Steve Bainbridge
(The validity of this insight becomes apparent when one recognizes that buying a few shares of IBM stock does not entitle me to trespass on IBM's property--I do not own the land or even have any ownership-like right to enter.) [read post]
3 Apr 2020, 4:42 pm by Sarah Aberg
Mar. 31, 2020), the United States Court of Appeals for the Second Circuit held that the act of registering as a foreign corporation under Section 1301 of the New York Business Corporation Law (“BCL”) does not constitute consent to general personal jurisdiction in the courts of the State. [read post]
3 Jun 2022, 12:15 am
Although the reference to transacting business for profit in Section 17910 suggests that these requirements do not apply to nonprofit corporations, Section 17911 leaves no room for doubt:  "This chapter does not apply to a nonprofit corporation or association, including, but not limited to, organizations such as churches, labor unions, fraternal and charitable organizations, foundations, and similar organizations. [read post]
27 Oct 2014, 9:45 am by Matthew Landis
Although there are no tax benefits as there would be with a nonprofit, a for-profit Benefit Corporation has a publicly-stated, legally-binding commitment to providing one or more benefits to society and does not solely consider maximizing value for shareholders as its sole purpose. [read post]
15 Jul 2011, 2:00 pm by John Bellinger
  Judge Posner’s unanimous opinion resoundingly dismisses defense arguments that corporations may not be held liable under the ATS for violations of international law; that the ATS does not apply extraterritorially; and that ATS plaintiffs must first exhaust local remedies. [read post]
7 Apr 2007, 9:22 am
Over 65% of corporate data theft cases are attributable to employees. [read post]
1 Dec 2010, 11:42 am by Tom Kosakowski
A few weeks ago, the CPB Board of Directors approved a motion to solicit proposals for a new Ombudsman and to develop a new Charter for the CPB Office of the Ombudsman. [read post]
27 Feb 2024, 6:30 am
Related research from the Program on Corporate Governance includes Social Responsibility Resolutions (discussed on the Forum here) by Scott Hirst and Stockholder Politics by Roberto Tallarita. [read post]
27 Feb 2024, 6:30 am
Related research from the Program on Corporate Governance includes Social Responsibility Resolutions (discussed on the Forum here) by Scott Hirst and Stockholder Politics by Roberto Tallarita. [read post]
21 Jul 2020, 7:08 pm by David Cross and Nazreen Ali
Background Dr Moffet was a dentist who sold his practice to Dental Corporation. [read post]
27 Jun 2024, 8:25 am by Kaufman Dolowich
The Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders Final Rule does not stipulate disclosures related to private litigation, meaning a company does not have to disclose court orders approving settlements with private plaintiffs provided no government agency was involved. [read post]
4 Mar 2009, 4:05 pm
Why not an exemption for drunk driver's on their way home from corporate and business functions? [read post]