Abstract
Among the methods that can be used to achieve corporate accountability, we will explore the following: (1) the appraisal right; (2) takeover bids; (3) securities monitoring; and (4) derivative litigation. In addition, proxy contests and other techniques for obtaining control of a corporation, which will be examined in the following chapter, can also be considered as methods for achieving accountability.
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Notes
- 1.
As cited by Justice McKenna in Hall v. Geiger-Jones Co., 242 U.S. 539 (1917).
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© 2013 Springer-Verlag Berlin Heidelberg
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Balouziyeh, J.M.B. (2013). Corporate Accountability. In: A Legal Guide to United States Business Organizations. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-37907-9_8
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DOI: https://doi.org/10.1007/978-3-642-37907-9_8
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