Modern Corporate Governance and the Erosion of the Business Judgment Rule in Delaware Corporate Law
22 Pages Posted: 14 Mar 2008
Date Written: March 12, 2008
Abstract
This essay addresses the relationship between the forces shaping modern corporate governance and wisdom of a liability rule to enforce the fiduciary duty of care against corporate directors.
Keywords: corporate governance, business judgment rule, liability rule, Delaware
JEL Classification: G34, K20, K22
Suggested Citation: Suggested Citation
Allen, William T., Modern Corporate Governance and the Erosion of the Business Judgment Rule in Delaware Corporate Law (March 12, 2008). CLPE Research Paper No. 06/2008, Available at SSRN: https://ssrn.com/abstract=1105591 or http://dx.doi.org/10.2139/ssrn.1105591
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.