PERSONAL ACCOUNTABILITY IN THE CORPORATE SECTOR
Criminal law is a focal point in the movement for increased personal accountability for corporate officials. Support for holding officers liable for their subordinates' misdeeds has been based on the doctrines of vicarious liability and omission of duty. A recent Supreme Court case involving th...
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Veröffentlicht in: | American business law journal 1978-03, Vol.16 (1), p.67-82 |
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description | Criminal law is a focal point in the movement for increased personal accountability for corporate officials. Support for holding officers liable for their subordinates' misdeeds has been based on the doctrines of vicarious liability and omission of duty. A recent Supreme Court case involving this issue is "United States v. Park." It is not yet judicially acceptable to impute liability to an unknowing officer in a Sherman Act case. A legislative and regulatory movement is emerging to impose new measures of accountability upon corporate executives in positions of responsibility. This movement results from the loss of credibility in the business community. In the long run, the private enterprise may undergo alterations as its social and economic effectiveness is tested. Corporations have expanded their officer and director insurance against claims for wrongful acts. |
doi_str_mv | 10.1111/j.1744-1714.1978.tb00369.x |
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BURK</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c3537-14239d6233fa268542b3f620ba0ad0fd2ef355b6cd4148857e0ac8072e9400103</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>1978</creationdate><topic>Accountability</topic><topic>Business community</topic><topic>Corporate</topic><topic>Corporate officers</topic><topic>Corporate responsibility</topic><topic>Court decisions</topic><topic>Criminal law</topic><topic>Criminal liability</topic><topic>Directors</topic><topic>Food chains</topic><topic>Law</topic><topic>Liability</topic><topic>Participation</topic><topic>Personal</topic><topic>State court decisions</topic><topic>Subordinates</topic><topic>Supreme Court decisions</topic><topic>Warehouses</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>MCADAMS, TONY</creatorcontrib><creatorcontrib>TOWER, C. 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BURK</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>PERSONAL ACCOUNTABILITY IN THE CORPORATE SECTOR</atitle><jtitle>American business law journal</jtitle><date>1978-03</date><risdate>1978</risdate><volume>16</volume><issue>1</issue><spage>67</spage><epage>82</epage><pages>67-82</pages><issn>0002-7766</issn><eissn>1744-1714</eissn><coden>ABLJAN</coden><abstract>Criminal law is a focal point in the movement for increased personal accountability for corporate officials. Support for holding officers liable for their subordinates' misdeeds has been based on the doctrines of vicarious liability and omission of duty. A recent Supreme Court case involving this issue is "United States v. Park." It is not yet judicially acceptable to impute liability to an unknowing officer in a Sherman Act case. A legislative and regulatory movement is emerging to impose new measures of accountability upon corporate executives in positions of responsibility. This movement results from the loss of credibility in the business community. In the long run, the private enterprise may undergo alterations as its social and economic effectiveness is tested. Corporations have expanded their officer and director insurance against claims for wrongful acts.</abstract><cop>Oxford, UK</cop><pub>Blackwell Publishing Ltd</pub><doi>10.1111/j.1744-1714.1978.tb00369.x</doi><tpages>16</tpages></addata></record> |
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source | HeinOnline Law Journal Library; EBSCOhost Business Source Complete |
subjects | Accountability Business community Corporate Corporate officers Corporate responsibility Court decisions Criminal law Criminal liability Directors Food chains Law Liability Participation Personal State court decisions Subordinates Supreme Court decisions Warehouses |
title | PERSONAL ACCOUNTABILITY IN THE CORPORATE SECTOR |
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