A Contractual Approach to the Regulation Corporate Directors' Fiduciary Duties.

Traditional American corporation statutes state that the business and affairs of the corporation shall be managed by a board of directors who act as fiduciaries of the corporation. The purpose of this paper is to explain the economic logic underlying the regulation of corporate directors' fiduciary duties, placing special emphasis on the consequences of the adoption of protective measures for the directors such as indemnification and liability insurance.

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Year of publication:	2000
Authors:	Gutierrez, M.
Institutions:	Centro de Estudios Monetarios y Financieros (CEMFI)
Subject:	CORPORATIONS \| PROTECTIVE MEASURES \| INSURANCE

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Series:	Centro de Estudios Monetarios Y Financieros-.
Type of publication:	Book / Working Paper
Notes:	30 pages
Classification:	G38 - Government Policy and Regulation ; K22 - Corporation and Securities Law
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005661215