Corporate officers (Powers and duties)

HEADNOTE Corporate law and scholarship generally assume that professional managers control public corporations, while shareholders play only a weak and passive role. As a result, corporate officers and directors are understood to be...

I. INTRODUCTION The doctrine of corporate fiduciary obligation-which holds that corporate officers and directors are fiduciaries of the corporation and its shareholders and are disciplined primarily through the enforcement of fiduciary duties-has been...

HEADNOTE ABSTRACT This article examines the federal government's growing use of 18 U.S.C. § 1346 to prosecute public company executives for breaching their fiduciary duties. Section 1346 is a controversial but under-examined statute...

The headlines are full of stories about the latest corporate crook being sent to jail in the USA, in Europe, Asia or in Australia. There is often a degree of fraud involved and...

IMAGE TABLE 2 Table of Contents IMAGE TABLE 3 Introduction Directors and officers of business corporations1 and other entities, including universities,2 churches,3 and foundations,4 can be liable for financial injuries they cause while...