I. Corporation
Fundamentals
E. The Corporation
& Society
1. Charitable
Giving
- Role of corporation
- Corporate contract vs social institution
- Shareholder wealth maximization
- non-shareholder constituencies
- Corporate giving
- ultra vires doctrine
- rise and fall
- modern powers/purposes
- authorization of corporate charity
- fiduciary duties
- duty of care: BJR
- duty of loyalty: motivated by conflict
- role of board - shareholders' agent or
social mediator
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Too much B-school
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You ask the waiter what
the restaurant's core competencies are.
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You refer to dating as
test marketing.
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You understand your airline's
fare structure.
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You think that it's actually
efficient to write a ten page paper with six other people you don't know.
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You explain to your bank
manager that you prefer to think of yourself as "highly leveraged" as opposed
to "in debt."
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At your last family reunion,
you wanted to have an emergency meeting about their brand equity.
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You refer to drinking
in public as a networking opportunity.
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