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Corporate Officers and the Business Judgment Rule
- https://www.jstor.org/stable/40688275
- business judgment rule to directors are assessed for their relevance to corporate officers and are found, on balance, not to fully translate into the officer setting. In fact, one rationale in particular - judicial respect for the board's governance
The Business Judgment Rule for Illinois Corporate Officers ...
- https://www.oflaherty-law.com/learn-about-law/the-business-judgment-rule-for-illinois-corporate-officers-explained
- Oct 28, 2019 · 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. According to the business judgment rule, corporate agents cannot be held personally liable for actions that they take …
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
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
- The Lawletter Vol 39 No 11. Paul Ferrer, Senior Attorney, National Legal Research Group. 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
- business judgment rule to directors are assessed for their relevance to corporate officers and are found, on balance, not to fully translate into the officer setting. In fact, one rationale in particular-judicial respect for the board's governanceCited by: 7
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