# kaal:claim:2317580-032

**Claim.** When a company operates under a CIA, the judicial distinction between the law and aspirational corporate governance becomes less clear.

**Type.** mechanism  **Support.** argued

**Holds when.**

- companies operating under a CIA

**Source quote.**

> However, when a company is operating under a CIA, the distinction between the law and aspirational governance is less clear.

**From.** Wulf A. Kaal, Elizabeth R. Malay, *The Role of Corporate Integrity Agreements in the Expansion of Fiduciary Duties* (2013), IV.2 Delineating the Role of CIAs in Fiduciary Duties, page 17

**Cite as.** Wulf A. Kaal, Elizabeth R. Malay, The Role of Corporate Integrity Agreements in the Expansion of Fiduciary Duties (2013). SSRN: https://ssrn.com/abstract=2317580

**Verify.** sha256 of source PDF `50973e1e820aef47a4e7ffdbdcb513d03f1845643fcf4fa5910e9528a0b7dac2` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20and%20Malay%20-%202013%20-%20The%20Role%20of%20Corporate%20Integrity%20Agreements%20in%20the%20Expansion%20of%20Fiduciary%20Duties.pdf

**Topics.** governance-design, law-and-legal-systems, compliance

**Keywords.** aspirational-governance, law-versus-governance, corporate-integrity-agreements

**Related claims.**

- extended_by: https://wulfkaal.github.io/claims/kaal-2013-acomparativeperspectiveo-036
- extends: https://wulfkaal.github.io/claims/2273857-064

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.