Corporate Governance: Law, Theory and Policy

Categories Corporate Law

Format: Paperback

Language: English

Format: PDF / Kindle / ePub

Size: 5.59 MB

Downloadable formats: PDF

Elizabeth Warren (D., Mass.), wanted the bureau and its director to be immune from political oversight—by Congress or even by the president. The authors examine the consequences for California of these two provisions of the Act. The attorneys and staff of Klein, DeNatale, Goldner have deep roots in the San Joaquin Valley. In a survey of business executives by PricewaterhouseCoopers, 73 percent of the respondents indicated that “cost savings” was one of the top three reasons companies are becoming more socially responsible. [20] As used in this section of the report, the term “competitive advantage” is best understood in the context of a differentiation strategy; in other words, the focus is on how firms may use CSR practices to set themselves apart from their competitors.

Pages: 676

Publisher: Carolina Academic Press; 2 edition (January 1, 2010)

ISBN: 1594607397

Note that the Company Act prohibits repurchase if to do so would render the company insolvent , source: http://internationalrelo.net/ebooks/high-court-case-summaries-on-corporations-keyed-to-hamilton-10-th-edition. Corporate liquidations are governed by Chapter 7 of the Bankruptcy Code. 144 In a Chapter 7 bankruptcy, a trustee is appointed. 145 All of a corporate debtor's property becomes [*1736] "property of the estate." 146 The trustee's duties include being responsible for collecting and liquidating the property of the estate. 147 The proceeds so obtained are distributed in accordance with the various provisions of the Bankruptcy Code Corporate Director's Guidebook. The applicant in the proceeding shall pay the reasonable fees and expenses of the special master commissioner or guardian ad litem, including all reasonable expert witness fees, unless otherwise ordered by the court. (8) The filling of any vacancies in the number of directors or liquidators when the directors are unable to act on the vacancies for want of a quorum or for any other reason; (9) The appointment of a receiver, in accordance with the usages of a court in equitable matters, to wind up the affairs of the corporation, to take custody of any of its property, or for any other purpose; (10) The issuance or entry of any injunction or any other order which the court considers proper in the administration of the trust involved in the winding up of the affairs of the corporation and the giving of notice of it; (11) The allowance and payment of compensation to the directors or any of them or to any person rendering services beneficial to the corporation or to those interested in it; (12) The entry of a judgment or decree which, if it so provides, may operate as the deed or other instrument ordered to be executed, or the appointment of a master or guardian ad litem to execute such deed or instrument in the name of the corporation with the same effect as if executed by an authorized officer pursuant to authority conferred by the directors or the shareholders of the corporation, whenever there is no officer or agent competent to execute such deed or instrument, whenever the corporation or its officers do not perform or comply with a judgment or decree of court, or whenever the court considers it proper. (B) A judicial proceeding under this section concerning the winding up of the affairs of a corporation is a special proceeding, and final orders in the proceeding may be vacated, modified, or reversed on appeal pursuant to the Rules of Appellate Procedure and, to the extent not in conflict with those rules, Chapter 2505. of the Revised Code , cited: http://www.utv5150.com/lib/ifa-cross-border-effects-of-restructuring-including-change-of-legal-form-ifa-congress-series-set.
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