Ensuring Corporate Misconduct How Liability Insurance Undermines Shareholder Litigation

Name: Ensuring Corporate Misconduct How Liability Insurance Undermines Shareholder Litigation
Price: 73.54 USD
Availability: InStock
ISBN: 9780226035154

ISBN-10: 0226035158

ISBN-13: 9780226035154

Edition: 2010

Authors: Tom Baker, Sean J. Griffith

List price: $62.00

30 day, 100% satisfaction guarantee!

Marketplace

2 new & used from $73.54

what's this?

Rush Rewards U
Members Receive:

You have reached 400 XP and carrot coins. That is the daily max!

Description:

Shareholder litigation and class action suits play a key role in protecting investors and regulating big businesses. But Directors and Officers liability insurance shields corporations and their managers from the financial consequences of many illegal acts, as evidenced by the recent Enron scandal and many of last year's corporate financial meltdowns.Ensuring Corporate Misconductdemonstrates for the first time how corporations use insurance to avoid responsibility for corporate misconduct, dangerously undermining the impact of securities laws. As Tom Baker and Sean J. Griffith demonstrate, this need not be the case. Opening up the formerly closed world of corporate insurance, the authors…

Book details

List price: $62.00
Copyright year: 2010
Publisher: University of Chicago Press
Publication date: 1/15/2011
Binding: Hardcover
Pages: 296
Size: 0.63" wide x 0.91" long x 0.09" tall
Weight: 1.210
Language: English



Acknowledgments



Introduction



Shareholder Litigation



An Introduction to Directors' and Officers' Liability Insurance



The Puzzle of Entity-Level D&O Coverage



Pricing and Deterrence



Insurance Monitoring and Loss-Prevention Programs



The D&O Insurer at Defense and Settlement



What Matters in Settlement?



Coverage Defenses and Disputes



Policy Recommendations: Improving Deterrence


Notes


References


Index