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Corporate Officers and the Business Judgment Rule by Lyman ...
- https://papers.ssrn.com/sol3/papers.cfm?abstract_id=711122
- Apr 29, 2005 · 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.Author: Lyman P.Q. Johnson, Lyman P.Q. Johnson
Corporate Officers and the Business Judgment Rule: A Reply ...
- https://www.jstor.org/stable/40688302
- Corporate Officers and the Business Judgment Rule: A Reply to Professor Johnson By Lawrence A. Hamermesh1 and A. Gilchnst Sparks III2 I. Introduction At the outset of a 1992 article on the subject, we observed that u[t]he precise nature of the duties and liabilities of corporate officers …
CORPORATIONS: Does the Business Judgment Rule Apply to ...
- https://www.nlrg.com/legal-content/the-lawletter/corporations-does-the-business-judgment-rule-apply-to-corporate-officers
- In a classic formulation, the "business judgment rule" is defined as "a presumption that in making a business decision the directors of a corporation acted on an informed basis, in good faith and in the honest belief that the action taken was in the best interests of the company."
Washington & Lee University School of Law Scholarly Commons
- https://scholarlycommons.law.wlu.edu/cgi/viewcontent.cgi?article=1105&context=wlufac
- likely invoke, in defense, the generous protection of the business judgment rule." This Article argues that the business judgment rule-a cornerstone concept in corporate law-does not and should not be extended to corporate officers in the same broad manner in which it is applied to directors.Cited by: 7
The Business Judgment Rule Shields Corporate Officers and ...
- 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
- Feb 26, 2010 · 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.
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