kaal:claim:kaal-2013-acomparativeperspectiveo-004

Because directors serve part-time as outsiders, it is unreasonable to expect them to have the knowledge, capacity, and expertise needed to monitor effectively the business affairs of large and increasingly complex corporations.

that, because directors serve part-time as outsiders, it may be unreasonable to expect directors to have the knowledge, capacity, and expertise to "effectively monitor the

Kaal, A Comparative Perspective on the Limitations of the Duty of Oversight – A Comment on Lisa Fairfax (2013), Introduction, p. 4
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Kaal, A Comparative Perspective on the Limitations of the Duty of Oversight – A Comment on Lisa Fairfax (2013)

• large and complex modern corporations
• outside directors serving part time

conditionsupport: arguedfailure: capacity limits of part-time outside directorsfamily: board-and-oversight-failurecorporate-governance

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