If courts were to ignore the business judgment rule, what might the consequences be? The business judgment

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If courts were to ignore the business judgment rule, what might the consequences be?


The business judgment rule generally insulates corporate decision makers from liability for bad decisions even though this may seem to contradict the goal of greater corporate accountability. Is the rule fair to shareholders?

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Business Law Text and Cases

ISBN: 978-1111929954

12th Edition

Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Frank B. Cross

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