Showing 611 - 620 of 30,614
This article assesses the fiduciary law context governing socially responsible investing (SRI) in retail funds in order … drawbacks of a relatively permissive legal milieu. This article highlights that the obsessive focus on the supposed fiduciary …. Furthermore, any analysis of the fiduciary responsibility of retail funds is incomplete without taking into account the impact of …
Persistent link: https://www.econbiz.de/10013082808
cautionary articles. Despite the warnings of fiduciary law and insurance experts, professional fiduciaries generally have not … - trustee, grantor, beneficiaries, and professional advisors. The basic duty of a fiduciary is to maximize the probability of a …
Persistent link: https://www.econbiz.de/10014060314
Independent central bankers and judges can both be more usefully viewed as trustees than as agents. A trust is a legal institution with rules set up by a settlor, administered by a trustee on behalf of beneficiaries. Public trustees often are motivated more by Pride, Policy, Place, and Power...
Persistent link: https://www.econbiz.de/10014061470
The past twenty years have seen significant changes in the law governing trustees' fiduciary duties. Though fiduciary … push to codify trust law, including fiduciary duties, has come from a few sources, including academics, who have argued … trust management. In some significant respects, legislative changes to fiduciary duties have not improved upon the common …
Persistent link: https://www.econbiz.de/10014061570
to their baby-boomer children, and the shrinking number of banks willing to assume the role of fiduciary, there is an … interest that the drafting attorney has in the fiduciary fee and the information asymmetry between lawyers and most clients … might be revised to better minimize the agency costs that exist while remaining consistent with the fiduciary nature of the …
Persistent link: https://www.econbiz.de/10014061748
In steadily increasing numbers, trust scholars are embracing the view that fiduciary duties are mere default rules … by Frank Easterbrook and Daniel Fischel, who have argued that fiduciary duties are "contract" terms that shareholders and … even eliminate, fiduciary duties in the corporate charter. This movement by trust scholars to transplant corporate concepts …
Persistent link: https://www.econbiz.de/10014065284
This paper argues that the limited ability to help developing countries in a crisis should shift the focus to policies helping in reducing the ex ante probability of crises. Indirectly, such policies would also alleviate the depths of realized crises. Two specific ideas are explored: I....
Persistent link: https://www.econbiz.de/10014066563
A conceptual fog has descended on the fiduciary jurisprudence of the Commonwealth. Judges and commentators in Canada … assignment of fiduciary responsibility. The solution is to refocus fiduciary analysis on its rightful singular concern with …
Persistent link: https://www.econbiz.de/10014068198
We explore the causal relationship between the legal doctrine of fiduciary duties and market price response in the … of fiduciary duties to actual and potential sellers, i.e. subsidiary proprietors whose condominium units have been sold … en bloc or could be sold through the same legal scheme in future. We find that the judicial establishment of fiduciary …
Persistent link: https://www.econbiz.de/10012933640
Council of Real Estate Investment Fiduciaries (NCREIF) index. NCREIF total return and appreciation indexes are smooth and exhibit strong autocorrelation and autoregressive heteroscedasticity. We test the information transmission from the NAREIT index to the NCREIF index. In our VAR analysis, the...
Persistent link: https://www.econbiz.de/10013116718