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Corporate & Securities Law

: BusinessAssociationsBlog.com

Properly Understanding the Relationship Between the BJR and CSR

By Stephen Bainbridge

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Crooked Timberite Daniel posts on the shareholder wealth maximization norm, commenting in part that: In real life, the business judgement rule protects more or less anything that the Creative Capitalism gang [a corporate social responsibility outfit] might want businesses to do. Even the paradigm example used by Posner – of a corporate chief executive making charitable donations and...

[continued on site]

Full post as published by BusinessAssociationsBlog.com on July 25, 2008 (boomark / email).

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