作者:Gelter, Martin
作者单位:Vienna University of Economics & Business
摘要:This article proposes a new, functional explanation of the different role of non-shareholder groups (particularly labor) in different corporate governance systems. The argument depends on the analysis of a factor that has so far received relatively little attention in corporate governance research: the level of shareholder influence on managerial decision making. Pro-employee laws mitigate holdup problems-opportunism from which shareholders benefit ex post, but which will deter firm-specific i...
作者:Vora, Nilay
作者单位:Harvard University
摘要:After Sosa v. Alvarez-Machain. lawsuits against corporation under the Alien Tort Statute (ATS) hare become the focus of human rights litigation. One of the matt important legal issues in this area it horn corporate aiding and abetting liability operates in lawsuits alleging violations of customary international lain. Federal courts and legal commentators are split over whether federal common late) cant and should define the relevant standard for aiding and abetting liability. When recently con...