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This chapter restates the economic theory of fiduciary law, making several fresh contributions. First, it elaborates on … earlier work by clarifying the agency problem that is at the core of all fiduciary relationships. In consequence of this … common economic structure, there is a common doctrinal structure that cuts across the application of fiduciary principles in …
Persistent link: https://www.econbiz.de/10013061785
The most prominent features of the landscape of fiduciary law are the no-conflict and no-profit rules. This paper aims … prophylactic function. It goes on to argue that it is untenable, for two distinct reasons, to argue that these fiduciary norms have …
Persistent link: https://www.econbiz.de/10013062265
into four categories: 1) breaches of fiduciary duty, 2) fraud or otherwise unfair commercial practices, 3) destructive firm … Congressional ethics. Research projects that deploy the terminology of institutional corruption in non-fiduciary contexts are …
Persistent link: https://www.econbiz.de/10013062654
This paper studies the relationship between the Revlon duties and the principle of maximizing shareholders' interests, and its position under the systems of Corporate Law, and then identifies the characteristics of relevant laws in Japan and Delaware. When considering the duties of directors of...
Persistent link: https://www.econbiz.de/10012923512
It is trite law that a director is a fiduciary to his or her company and must act in the interests of the company … director's fiduciary obligation, the interests of the company should be understood in the light of the company's changing life …
Persistent link: https://www.econbiz.de/10012924548
The fiduciary duty of members of a business association has its origins in partnership law. The unlimited liability to … not abused.Shareholders are not liable for debts of the company. The risk of unlimited liability underlying the fiduciary …-exclusive explanations are submitted in support of a shareholders' fiduciary duty. The first explanation rests on the characterization of …
Persistent link: https://www.econbiz.de/10012927096
the UK are encapsulated in the fiduciary relationship that ties banks to their customers. This particular configuration … challenges traditionally associated with the application of fiduciary duties in finance law and specifically on the question of … holding providers of financial services to account under a fiduciary duty to their customers …
Persistent link: https://www.econbiz.de/10012928717
This book chapter provides an overview of the fiduciary principles that apply to charities and other nonprofit … organizations. More specifically, it discusses the criteria that trigger a fiduciary relationship, the duties of loyalty and care …
Persistent link: https://www.econbiz.de/10012928841
For many people, a pension fund represents a crucial source of financial security in their retirement years. But have you ever stopped to consider who is responsible for managing these funds and ensuring they are safeguarded for future generations? In Zimbabwe, pension fund trustees play a...
Persistent link: https://www.econbiz.de/10014355448
humanities.This paper consists of three parts. First, it proposes the idea of “algorithmic fiduciary” and argues that the trusted … and trustworthy algorithmic fiduciary is important. Second, it researches government policies and regulations, industry …
Persistent link: https://www.econbiz.de/10014356233