# kaal:claim:kaal-2013-acomparativeperspectiveo-009

**Claim.** 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.

**Type.** empirical  **Support.** evidenced

**Holds when.**

- United States corporate officers and directors

**Source quote.**

> 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, page 5

**Cite as.** Kaal, A Comparative Perspective on the Limitations of the Duty of Oversight – A Comment on Lisa Fairfax (2013)

**Verify.** sha256 of source PDF `ac5c955fe01209c54c78c4575c0b8bf570e5f1259c3f855510697cf51a32e59a` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202013%20-%20A%20Comparative%20Perspective%20on%20the%20Limitations%20of%20the%20Duty%20of%20Oversight%20%E2%80%93%20A%20Comment%20on%20Lisa%20Fairfax.pdf

**Topics.** corporate-governance, law-and-legal-systems, empirical-evidence

**Keywords.** fiduciary-duty, legal-advice, director-guidance, empirical-study

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