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Open-end mutual funds allow purchases and redemptions of shares daily at the closing net asset value. This practice imposes costs upon the mutual fund for portfolio adjustments and maintaining cash balances to handle inflows and redemptions. The cost of providing liquidity falls...
Persistent link: https://www.econbiz.de/10013079053
stakeholder theorists have sought to expand the ambit of the fiduciary duty to include a broad range of stakeholder interests …, this paper shifts the frame of debate: it proposes that the range of corporate fiduciary loyalty is constrained by human … whatever fiduciary loyalty is thought to demand as a matter of positive law. In other words, human rights are ‘parents' of …
Persistent link: https://www.econbiz.de/10012823509
law to adopt a flexible and pragmatic approach to a director's fiduciary duty post-resignation, and that such an approach …
Persistent link: https://www.econbiz.de/10012824941
This article examines the specific fiduciary duties of directors which apply when the board of directors removes a … office. Recommendations are made relating to the fiduciary duties of directors in removing fellow board members from office …
Persistent link: https://www.econbiz.de/10012824974
A trust is a relationship in which a designated trustee holds title to assets for the benefit of a designated person called the beneficiary. A trust is typically established when an owner of property (called the settlor) transfers the property to a trustee on terms describing how the trustee is...
Persistent link: https://www.econbiz.de/10013095828
assignment of fiduciary responsibility. It concludes that Australia's approach offers two lessons for the U.S. First, disclosure … and investment risk. Second, fiduciary responsibility for default investment products should be co-located with investment …
Persistent link: https://www.econbiz.de/10013096561
a permanent, and even mandatory, place in trust and fiduciary investing? This paper details the history of a trustee … part of the fiduciary portfolio …
Persistent link: https://www.econbiz.de/10013097389
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