Courts often provide very specific language about the standard of conduct expected of directors, but lawyers do not sufficiently communicate that expected conduct to directors.
Source quote, verbatim
Professors Johnson & Garvis show in an empirical study that courts often provide very specific language regarding the appropriate standard of conduct for directors.17 However, their study highlights that lawyers do not sufficiently communicate to directors what conduct is expected of them.
From
Kaal, A Comparative Perspective on the Limitations of the Duty of Oversight – A Comment on Lisa Fairfax (2013), Introduction, p. 5 · source PDF
Cite as
Kaal, A Comparative Perspective on the Limitations of the Duty of Oversight – A Comment on Lisa Fairfax (2013)
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