kaal:claim:kaal-2013-acomparativeperspectiveo-018

The different legal standards for allocating liability in Germany and the United States illustrate rather different legal and societal attitudes toward managers' risk-taking.

Source quote, verbatim

The different legal standards for liability allocation in Germany and the United States illustrate their rather different legal and societal attitudes towards managers' risk-taking.

From

Kaal, A Comparative Perspective on the Limitations of the Duty of Oversight – A Comment on Lisa Fairfax (2013), A Comparative Perspective on the Duty to Monitor, p. 7
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Cite as

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

Classification

empiricalsupport: arguedrisk-and-incentiveslaw-and-legal-systems

Related claims

extends kaal:claim:1558614-006 Although the business judgment rule is articulated differently in the two countries and German law leaves some...

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