Opinion
PhilStar Global on MSNOpinion

Business judgment rule

The more I read about the fight over listed energy company First Gen’s investment in Prime Infrastructure Capital’s hydropower projects, the more I find myself sifting through the things that mattered ...
Although the business judgment rule provides broad protections, it is not absolute and can be overcome when directors' actions fall outside of the bounds of acceptable corporate behavior. In her ...
Corporate directors have long relied on the “business judgment rule,” under which their decisions are presumed to have been made “on an informed basis, in good faith, and in the honest belief that the ...