Abstract

http://ssrn.com/abstract=1106435
 


 



Networks of Fairness Review in Corporate Law


Reza Dibadj


University of San Francisco - School of Law

2008

San Diego Law Review, Vol. 45, p. 1, 2008
Univ. of San Francisco Law Research Paper No. 2009-14

Abstract:     
The fairness doctrine in corporate law is rhetorically glorious. Courts speak of scrutinizing transactions tainted by self-dealing for entire fairness, intrinsic fairness, and even inherent fairness. In theory, the doctrine should be a boon to shareholder-plaintiffs, especially as contrasted with corporate law's usual tendency to defer to the business judgment of corporate insiders. But in cases where courts discuss the fairness doctrine, how often have plaintiffs actually won‘ Are their meaningful differences in the three articulations of the doctrine, or are the adjectives fancy verbiage‘ Are some fairness cases more important than others in promulgating doctrine‘ While anecdotes abound, precious little empirical research exists to address these questions.

This Article uses a new tool - network analysis - to perform an empirical study of fairness doctrine as developed by the Delaware Supreme Court and the Delaware Court of Chancery. It creates network maps to represent visually the topology of Delaware's fairness jurisprudence, using actual cases as nodes on graphs and interrelationships among cases as arcs connecting the nodes. These maps, along with metrics that describe the characteristics of the network, provide rich data through which to understand fairness jurisprudence more systematically.

Copyright 2008 San Diego Law Review. Article is reprinted with the permission of the San Diego Law Review.

Number of Pages in PDF File: 33

Keywords: corporate law, network theory, fairness, judicial review

JEL Classification: K22, K41, K00, G30, G34, C40

Accepted Paper Series


Download This Paper

Date posted: March 20, 2008 ; Last revised: May 27, 2009

Suggested Citation

Dibadj, Reza, Networks of Fairness Review in Corporate Law (2008). San Diego Law Review, Vol. 45, p. 1, 2008; Univ. of San Francisco Law Research Paper No. 2009-14. Available at SSRN: http://ssrn.com/abstract=1106435

Contact Information

Reza Dibadj (Contact Author)
University of San Francisco - School of Law ( email )
2130 Fulton Street
San Francisco, CA 94117
United States
415-422-5253 (Phone)
Feedback to SSRN


Paper statistics
Abstract Views: 709
Downloads: 118
Download Rank: 134,029

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo2 in 0.796 seconds