Below is information about CORPORATE OFFICERS BUSINESS JUDGEMENT RULE from a variety of sources. Please take a look at the materials that our team has selected for you.


Business Judgment Rule Definition

    https://www.investopedia.com/terms/b/business-judgment-rule.asp#:~:text=The%20business%20judgment%20rule%20is%20a%20legal%20principle,best%20interest%20of%20the%20company%20when%20making%20decisions.
    none

Corporate Officers and the Business Judgment Rule

    https://scholarlycommons.law.wlu.edu/wlufac/106/
    Abstract. This article argues that the business judgment rule - a cornerstone concept in corporate law - does not and should not extend to corporate officers in the same broad manner in which it is applied to directors. The argument proceeds along both descriptive and normative lines. After first reviewing judicial decisions, the article concludes that, notwithstanding frequent, broad …

Corporate Officers and the Business Judgment Rule

    https://www.jstor.org/stable/40688275
    Corporate Officers and the Business Judgment Rule 441 extended to an officer qua officer. Often, moreover, judicial assertions concerning the rule's application to officers are extraneous to the ratio decidendi of the case and, hence, constitute mere dicta. A …

Corporate Officers And The Business Judgment Rule

    https://www.natlawreview.com/article/corporate-officers-and-business-judgment-rule
    As Professor Lyman P.Q. Johnson has observed, avoiding judicial encroachment into business decisions is one of the policy rationales commonly advanced for …

Business Judgment Rule - Explained - The Business …

    https://thebusinessprofessor.com/business-governance/what-is-the-business-judgment-rule
    The business judgment rule is a principle that applies to officers and directors acting within the scope of their positions. Directors of a corporation have a fiduciary duty to act in the best interest of their stockholders. This includes exercising due care and having a business justification for their decisions and actions.

Corporate Officers and the Business Judgment Rule: …

    https://www.jstor.org/stable/40688302
    of the business judgment rule to corporate directors similarly justify application of the rule to non-director officers, at least with respect to their exercise of dis- cretionary delegated authority. It is not entirely clear that Professor Johnson's claim is absolutely contrary to our view.

Business Judgement Rule: Everything You Need to Know

    https://www.upcounsel.com/business-judgement-rule
    The business judgement rule is often used in cases where the director of a corporation is sued for violating his obligation to act in the best interested of the company. Under the business judgement rule, a court will not prosecute a director for his or her decisions if it can be shown that they were made: Rationally In good faith

Corporate Officers and the Business Judgment Rule

    https://www.researchgate.net/publication/228298684_Corporate_Officers_and_the_Business_Judgment_Rule
    This article argues that the business judgment rule - a cornerstone concept in corporate law - does not and should not extend to corporate officers in the same broad manner in …

Officers And The Business Judgment Rule

    https://www.calcorporatelaw.com/2013/07/officers-and-the-business-judgment-rule
    As Professor Lyman P.Q. Johnson has observed, avoiding judicial encroachment into business decisions is one of the policy rationales commonly advanced for applying the business judgment rule to officers. Corporate Officers and the Business Judgment Rule, …

The Business Judgment Rule for Illinois Corporate …

    https://www.oflaherty-law.com/learn-about-law/the-business-judgment-rule-for-illinois-corporate-officers-explained
    The Business Judgment Rule, also referred to as the Business Judgment Presumption, is a case law-derived doctrine in corporate law that creates a defense against personal liability for corporate officers, directors, managers, and other agents of a corporation.

The Business Judgment Rule Shields Corporate Officers …

    https://www.lexisnexis.com/LegalNewsRoom/lexis-hub/b/commentary/posts/the-business-judgment-rule-shields-corporate-officers-and-directors-from-liability-for-acts-of-negligence-and-carelessness
    A similar doctrine, but one that creates a defense against personal liability for a corporate officer, is the business judgment rule. The business judgment rules states that an officer or director of a corporation is not liable for acts of mere negligence. The basis of the business judgment rule was explained in a recent case from Georgia, Brock Built, LLC v. Blake, 300 Ga. App. 816 (Ga. Ct. …

Did you find the information you need about CORPORATE OFFICERS BUSINESS JUDGEMENT RULE?

We hope you found all the information about CORPORATE OFFICERS BUSINESS JUDGEMENT RULE you were looking for and more.