Business Judgment Rule Origin
Konsep ini mencegah pengadilan pengadilan di amerika serikat untuk mempertanyakan pengambilan keputusan usaha oleh direksi yang diambil dengan itikad baik.
Business judgment rule origin. The business judgment rule rule the most prominent and important standard of judicial review under corporate law protects a decision of a corporate board of directors board from a fairness review entire fairness under delaware law unless a well pleaded complaint provides sufficient evidence that the board has breached its fiduciary duties or that the decision making process is tainted such as with a lack of independence or interestedness. Business judgment rule is a legal principle which grants directors and officers immunity from shareholder lawsuits if they acted in good faith. It is rooted in the principle that the directors of a corporation.
Prinsip business judgement rule prinsip business judgment rule adalah suatu prinsip hukum yang berasal dari system common law dan merupakan derivative dari hukum korporasi di amerika serikat. The origin of the business judgement rule. More introduction to corporate resolution.
In this case mesa petroleum company made an offer that would have made it the majority shareholder in unocal corporation. Ada yang menarik dalam diskusi daring yang diselenggarakan hukumonline pada kamis 24 9 lalu dalam diskusi yang bertema implementasi doktrin business judgment rule dalam aktivitas bisnis perusahaan diungkap problem hukum implementasi doktrin bjr dalam pemeriksaan tindak pidana korupsi di pengadilan pasalnya bjr sendiri pada dasarnya merupakan doktrin impunitas bagi pengurus perusahaan. Subsequently the business judgment rule was applied to directors actions when corporations were faced with a hostile takeover.
The rule exists in some form in most common law countries including the u. Are clothed with presumption which the law accords to them of being in their conduct by a bona fide regard for the interests of the corporation whose affairs the stockholders have committed to their charge. The business judgment rule is invoked in lawsuits when a director of a corporation takes an action that affects the corporation and a plaintiff sues alleging that the director violated the duty of care to the corporation.
In the landmark case aronson v. 1984 delaware courts produced one of the most frequently cited interpretation of the business judgement rule in us jurisprudence. The business judgment rule is a case law derived doctrine in corporations law that courts defer to the business judgment of corporate executives.
Mesa petroleum co 493 a 2d 946 del.