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- Q1050436 subject Q8967515.
- Q1050436 abstract "The business judgment rule is a case law-derived doctrine in corporations law where courts defer to the business judgment of corporate executives. This doctrine is rooted in the principle that the "directors of a corporation . . . are clothed with [the] presumption, which the law accords to them, of being [motivated] in their conduct by a bona fide regard for the interests of the corporation whose affairs the stockholders have committed to their charge". The rule exists in some form in most common law countries, including the United States, Canada, England and Wales, and Australia.To challenge the actions of a corporation's board of directors, a plaintiff assumes "the burden of providing evidence that directors, in reaching their challenged decision, breached any one of the triads of their fiduciary duty — good faith, loyalty, or due care". Failing to do so, a plaintiff "is not entitled to any remedy unless the transaction constitutes waste . . . [that is,] the exchange was so one-sided that no business person of ordinary, sound judgment could conclude that the corporation has received adequate consideration".".
- Q1050436 wikiPageExternalLink www.companieshouse.org.uk.
- Q1050436 wikiPageWikiLink Q132382.
- Q1050436 wikiPageWikiLink Q1518730.
- Q1050436 wikiPageWikiLink Q155736.
- Q1050436 wikiPageWikiLink Q160070.
- Q1050436 wikiPageWikiLink Q16840292.
- Q1050436 wikiPageWikiLink Q188628.
- Q1050436 wikiPageWikiLink Q2609670.
- Q1050436 wikiPageWikiLink Q30216.
- Q1050436 wikiPageWikiLink Q468489.
- Q1050436 wikiPageWikiLink Q5253299.
- Q1050436 wikiPageWikiLink Q5253374.
- Q1050436 wikiPageWikiLink Q5287896.
- Q1050436 wikiPageWikiLink Q5317577.
- Q1050436 wikiPageWikiLink Q5317581.
- Q1050436 wikiPageWikiLink Q537098.
- Q1050436 wikiPageWikiLink Q5610511.
- Q1050436 wikiPageWikiLink Q6011664.
- Q1050436 wikiPageWikiLink Q665141.
- Q1050436 wikiPageWikiLink Q783794.
- Q1050436 wikiPageWikiLink Q7887975.
- Q1050436 wikiPageWikiLink Q7897226.
- Q1050436 wikiPageWikiLink Q8967515.
- Q1050436 wikiPageWikiLink Q897113.
- Q1050436 comment "The business judgment rule is a case law-derived doctrine in corporations law where courts defer to the business judgment of corporate executives. This doctrine is rooted in the principle that the "directors of a corporation . . . are clothed with [the] presumption, which the law accords to them, of being [motivated] in their conduct by a bona fide regard for the interests of the corporation whose affairs the stockholders have committed to their charge".".
- Q1050436 label "Business judgment rule".