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文章基本信息

  • 标题:Litigating Challenges to Executive Pay: An Exercise in Futility?
  • 本地全文:下载
  • 作者:Thomas, Randall S. ; Martin, Kenneth J.
  • 期刊名称:Washington University Law Review
  • 印刷版ISSN:2166-7993
  • 电子版ISSN:2166-8000
  • 出版年度:2001
  • 卷号:79
  • 期号:2
  • 页码:569-613
  • 出版社:Washington University School of Law
  • 摘要:This Article focuses on the last of shareholders’ alternatives: suing. Shareholder derivative litigation has frequently been an engine for changing abusive corporate practices. The well-tested claims of breach of duty of care, breach of duty of loyalty, and waste, are available when the appropriate facts support them. In recent history, a large number of determined plaintiffs have brought such claims, challenging abusive corporate pay practices in corporations.
  • 关键词:Executive compensation; Stockholders' derivative actions; Smith v. Van Gorkom 488 A.2d 858 (Del. 1985); Chief executive officers; Wages and salaries; American Law Institute
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