- Path:
-
Law-and-Economics of Business Judgment Rule in India
Files
Periodical
- Title:
- Asian journal of law and economics
- Publication:
-
Berlin Boston, Mass.: De Gruyter
- Note:
- Volltext auch als Teil einer Datenbank verfügbar
- Gesehen am 26.04.18
- 355!URL-Ä(03-02-12);C!z LF gelöscht(05-10-12)
- Scope:
- Online-Ressource
- ISSN:
- 2154-4611
- ZDB-ID:
-
2579369-X
- VÖBB-Katalog:
- 35340974
- Keywords:
- Zeitschrift
- Classification:
- Wirtschaft
- Collection:
- Wirtschaft
- Copyright:
- Rights reserved
- Accessibility:
- Eingeschränkter Zugang mit Nutzungsbeschränkungen
- Title:
- Asian journal of law and economics
- Publication:
-
Berlin Boston, Mass.: De Gruyter
- Note:
- Volltext auch als Teil einer Datenbank verfügbar
- Gesehen am 26.04.18
- 355!URL-Ä(03-02-12);C!z LF gelöscht(05-10-12)
- Scope:
- Online-Ressource
- ISSN:
- 2154-4611
- ZDB-ID:
-
2579369-X
- VÖBB-Katalog:
- 35340974
- Keywords:
- Zeitschrift
- Classification:
- Wirtschaft
- Collection:
- Wirtschaft
- Copyright:
- Rights reserved
- Accessibility:
- Eingeschränkter Zugang mit Nutzungsbeschränkungen
Article
- Title:
- Law-and-Economics of Business Judgment Rule in India
- Publication:
-
Berlin Boston, Mass.: de Gruyter, 2024
- Language:
- English
- Information:
- Abstract: The article argues that the contours of the ‘business judgment rule’ (hereinafter, ‘the rule’ or ‘the doctrine’) have not been properly delineated and add avoidable transaction costs in terms of business decision-making. On the premise of ‘influence’ existing between Board Directors and countervailing requirements of legal compliance, it becomes imperative to study both components. In the absence of any clear legalese on the latter component incentivizes Directors in two ways – by inhibiting judgment or by incentivizing abuse for a perceived higher probability of economic gain.
- Scope:
- Online-Ressource
- Note:
- Kein Open Access
- Archivierung/Langzeitarchivierung gewährleistet
- Keywords:
- law-and-economics ; India ; Indian corporate law ; business judgment rule ; the meld model
- Classification:
- Wirtschaft
- Sonstiges
- Collection:
- Wirtschaft
- Sonstiges
- Copyright:
- Rights reserved
- Accessibility:
- Eingeschränkter Zugang mit Nutzungsbeschränkungen
- Title:
- Law-and-Economics of Business Judgment Rule in India
- Publication:
-
Berlin Boston, Mass.: de Gruyter, 2024
- Language:
- English
- Information:
- Abstract: The article argues that the contours of the ‘business judgment rule’ (hereinafter, ‘the rule’ or ‘the doctrine’) have not been properly delineated and add avoidable transaction costs in terms of business decision-making. On the premise of ‘influence’ existing between Board Directors and countervailing requirements of legal compliance, it becomes imperative to study both components. In the absence of any clear legalese on the latter component incentivizes Directors in two ways – by inhibiting judgment or by incentivizing abuse for a perceived higher probability of economic gain.
- Scope:
- Online-Ressource
- Note:
- Kein Open Access
- Archivierung/Langzeitarchivierung gewährleistet
- Keywords:
- law-and-economics ; India ; Indian corporate law ; business judgment rule ; the meld model
- Classification:
- Wirtschaft
- Sonstiges
- Collection:
- Wirtschaft
- Sonstiges
- Copyright:
- Rights reserved
- Accessibility:
- Eingeschränkter Zugang mit Nutzungsbeschränkungen
