Litigation Risk and Agency Costs: Evidence from Nevada Corporate Law

2014 ◽  
Vol 57 (3) ◽  
pp. 747-780 ◽  
Author(s):  
Dain C. Donelson ◽  
Christopher G. Yust
Keyword(s):  
Agency Costs ◽  
Corporate Law ◽  
Litigation Risk

SCG and Corporate Law Theory

2019 ◽  
pp. 13-34
Author(s):  
Anita Indira Anand
Keyword(s):  
Corporate Governance ◽  
Agency Theory ◽  
Agency Costs ◽  
Conflicts Of Interest ◽  
Active Role ◽  
Corporate Law ◽  
Agency Relationship ◽  
The Public ◽  
Public Corporation ◽  
And Control

This chapter discusses the existing conception of the public corporation and questions whether any of these ideas appropriately account for the rise of shareholder-driven corporate governance (SCG). In particular, it considers the contractarian model of the corporation as well as the agency theory, which explains the division of ownership and control as an agency relationship that necessarily produces agency costs. The chapter also addresses a newer and contrasting idea called principal cost theory, which argues that principal (or shareholder) control also comes at a cost, resulting from shareholders’ lack of expertise and the potential for conflicts of interest among them. This theory offers an important counterpoint to the normative arguments for SCG because it emphasizes the potential failings of shareholders and challenges the supposition that they are necessarily well positioned to play an active role in governance.

Contemporary Australian Corporate Law

2017 ◽  
Author(s):  
Stephen Bottomley ◽  
Kath Hall ◽  
Peta Spender ◽  
Beth Nosworthy
Keyword(s):  
Corporate Law

Agency Costs, Mispricing, and Ownership Structure

CFA Digest ◽  
2013 ◽  
Vol 43 (2) ◽  
pp. 14-16
Author(s):  
Gregory G. Gocek
Keyword(s):  
Ownership Structure ◽  
Agency Costs

Can Multinational Corporations be responsible for human rights violation of its outsourcee company? Response of national or international law?

2020 ◽  
Vol 20 (1) ◽  
pp. 153-179
Author(s):  
Alessandro Suppa ◽  
Pavel Bureš
Keyword(s):  
Human Rights ◽  
International Law ◽  
Multinational Corporations ◽  
Corporate Law ◽  
International Economy ◽  
Due Diligence ◽  
Business And Human Rights ◽  
Original Question ◽  
Definition Of ◽  
Human Rights Violation

SummaryNowadays, an important role in the world is played by Multinational Corporations (MNCs). They hire, produce, and influence the international economy, but also, they exploit, pollute. Their business activities might have a worldwide effect on human lives. The question of the responsibility of MNCs has drawn the attention of many scholars, mainly from the study field labelled “Business and Human Rights”. The present paper does not examine the topic under the same approach. The authors aim at presenting the issue in a broader perspective, exploring the concept of due diligence both in international and corporate law. In this paper, authors strategically use the uniformity of national legislations as a possible and alternative solution to the issue. They are aware of three fundamental factors: 1) the definition of MNCs needs to be as clear as possible, so to avoid any degree of uncertainty; 2) the outsourcing phenomenon interacts with that definition; 3) in case of no possibility to include outsourcing in the definition of MNC, the original question arises in a significant way.

‘Turning Human Beings into Lawyers’

2018 ◽  
Vol 2 (2) ◽  
pp. 99-104
Author(s):  
Insa Koch
Keyword(s):  
Financial Regulation ◽  
Legal Culture ◽  
Corporate Law ◽  
Customary Law ◽  
Immigration Law ◽  
Legal Anthropology ◽  
Human Beings ◽  
Legal Practice ◽  
The World ◽  
Cultural Experts

Does anthropology matter to law? At first sight, this question might seem redundant: of course, anthropology matters to law, and it does so a great deal. Anthropologists have made important contributions to legal debates. Legal anthropology is a thriving sub-discipline, encompassing an ever-increasing range of topics, from long-standing concerns with customary law and legal culture to areas that have historically been left to lawyers, including corporate law and financial regulation. Anthropology’s relevance to law is also reflected in the world of legal practice. Some anthropologists act as cultural experts in, while others have challenged the workings of, particular legal regimes, including with respect to immigration law and social welfare.

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