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Responding to this article, Merrick Dodd stated he was "in sympathy with Mr. Berle's efforts to establish a legal control which will more effectually prevent corporate managers from diverting profit into their own pockets from those of stockholder" but that it was "undesirable, even with the laudable purpose of giving stockholders much-needed ...
The final report was submitted by Norman Dodd, and because of its provocative nature, the committee became subject to attack. In the Dodd report to the Reece Committee on Foundations, he gave a definition of the word "subversive", saying that the term referred to "Any action having as its purpose the alteration of either the principle or the form of the United States Government by other than ...
On March 19, after Dodd came forward, Treasury Secretary Timothy Geithner took full responsibility, saying he pushed Dodd against executive bonus limits. [8] In December 2008, it was reported that Dodd had a little less than $670,000 banked for a re-election campaign, far less than other senators anticipated to seek re-election. [9]
Shareholder primacy is a theory in corporate governance holding that shareholder interests should be assigned first priority relative to all other stakeholders. A shareholder primacy approach often gives shareholders power to intercede directly and frequently in corporate decision-making, through such means as unilateral shareholder power to amend corporate charters, shareholder referendums on ...
The Dodd-Frank Act provides the Council with broad authorities to identify and monitor excessive risks to the U.S. financial system arising from the distress or failure of large, interconnected bank holding companies or non-bank financial companies, or from risks that could arise outside the financial system; to eliminate expectations that any ...
The Pentagon clarified in a statement Thursday that U.S. troops are not authorized to use force against American citizens during the election. In doing so, the Pentagon pushed back at suggestions ...
Corporate social responsibility (CSR) or corporate social impact is a form of international private business self-regulation [1] which aims to contribute to societal goals of a philanthropic, activist, or charitable nature by engaging in, with, or supporting professional service volunteering through pro bono programs, community development ...
Adolf Augustus Berle Jr. (/ ˈ b ɜːr l i /; January 29, 1895 – February 17, 1971) was an American lawyer, educator, writer, and diplomat. [2] He was the author of The Modern Corporation and Private Property, a groundbreaking work on corporate governance, a professor at Columbia University, and an important member of US President Franklin Roosevelt's "Brain Trust."