Students are introduced to the basic framework for corporate governance. Starts with the complex role of the modern corporation, and then a discussion on the fiduciary duties that the board of trustees is bound (duty of care, duty of loyalty, etc.), and concludes by proposing seven factors of the officers and directors should be considered in supervision sale or purchase of the company. Tells of a precedent case Smith v. Van City Committee. "Hide
by Carliss Y. Baldwin, Constance E. Bagley, James Quinn, 10 pages. Publication Date: June 24, 2003. Prod. #: 803200-PDF-ENG
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