We develop an interpretation of the economics of alternative shareholder liability regimes that challenges the view that limited liability always represents the most efficient form of corporate ...

The Harvard Law Review publishes articles by professors, judges, and practitioners and solicits reviews of important recent books from recognized experts. Each issue also contains pieces by student ...

The decision's significance, however, is not limited to the facts of Hoskins and the FCPA — and may have implications for any case involving corporate criminal liability for the actions of agents.

Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, risk management, and public policy. Peter began covering markets at Multex (Reuters) ...

Agency agreements are used when one party authorizes another to conduct business on its behalf. The authorizing party is known as the principal, while the party conducting the business is known as the ...

As a small business owner, it's likely that you routinely employ other people to perform tasks and make decisions on your behalf. Delegating responsibility can take a lot of weight off your shoulders ...

The Court of Chancery dismissed a complaint filed by creditors and former business affiliates of a defunct Latin American offshore oil service company for failing to establish, under agency or joint ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Amy is an ACA and the CEO and founder of ...

Blockchain technology produced a new business model; one that enables companies to profit through creating and releasing open-source code. The decentralisation of business orgs creates new corporate ...