Unformatted text preview: ons: Is there a fiduciary duty? . . . Identifying v. proving a breach… Extension in 2010
Do lawyers exploit investors in class action suits? Free Rider problem?
Does D + O insurance undermine a duty to shareholders? Does fiduciary liability insurance?
How should directors ‘discretion’ in carrying out their duties be defined? (Narrow Broad?) “Business Judgment Rule”
Copyright 2013 Questions Con’t: How should we view wasting corporate assets? The corp. jet parking lot at Augusta
P. Grace 24h nurse
Fannie Mae Is the danger “Limiting director discretion” or “not limiting it” in a fast and competitive market place?
– Role of courts (legal system) theft, asset diversion, dilution of shareholders rights, but unlikely to challenge ‘discretion’ of directors
Copyright 2013 Board of Directors & Diverse Ownership Are their only options to support the Are their only options to support the CEO or replace the CEO?
Consider: Large shareholders have an interest in profit maximization and sufficient control to get respect for this interest – Michael Price & C...
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- Winter '14
- Shareholders, Corporation