Global Corporate Governance: Implications For A Functionally Harmonized Legal Infrastructure

As developing and centrally planned economies shift toward decentralized market economies, they will revise their corporate governance rules to attract foreign investors and foster economic growth.  However, the expansion of firms internationally creates the immediate problem of cross-border bankruptcy and policy makers will eventually have to turn to functional harmonization of national bankruptcy laws as well as other means of corporate governance to maintain fairness and to facilitate a freer flow of cross-border investment.   We propose three major changes to global governance:  (1) a functionally harmonized system of bankruptcy laws that supersede national bankruptcy laws  (2) contractual corporate governance via securities exchange listing and (3) arbitration as a means to enforce global recourse. &nbsp

The Environment and Trade Agreements: Should the WTO Become More Actively Involved

The article first explores several basic arguments concerning whether the World Trade Organization (WTO) should require member states to adopt environmental standards as major components of international trade agreements. Section II provides a brief background on the debate surrounding environmental aspects of trade agreements and their relationship to development. Section III discusses the benefits and problems associated with enforcing environmental standards through the WTO. Section IV provides arguments for the incorporation of environmental standards in trade agreements through the WTO

A Primer On International Environmental Law: Sustainability As A Principle Of International Law And Custom

International environmental law draws from two important sources: international treaties and conventions\u27 and customary international law

Social Enterprise: Raffirming Public Purpose Governance Through Shared Value

Article published in the Michigan State Journal of Business and Securities Law

Ship camouflage

Thesis (B.S.)--Massachusetts Institute of Technology, Dept. of Naval Architecture and Marine Engineering, 1919.by Leo S. Blodgett.B.S

State Oversight of Nonprofit Governance: Confronting the Challenge of Mission Adherence Within a Multi-dimensional Standard

State Oversight of Nonprofit Governance: Confronting the Challenge of Mission Adherence Within a Multi-dimensional Standar

Fiduciary Principles: Corporate Responsibilities to Stakeholders

The recent corporate scandals and financial crisis has increased demand for accountability in business decisions. Corporate governance reform initiatives designed to increase financial disclosure and responsibility are insufficient to rebuild public trust in business. Corporate boards and officers must comply with the legal norms to which they are already subject; as fiduciaries they have duties of care, loyalty and good faith. This article examines modern fiduciary duties that currently govern corporate conduct and thus severely limit corporate responsibility. Revisiting the historical and religious origins of fiduciaries that shaped the ethical and moral duties gives insight into the true role of a fiduciary. We propose a new, well-defined definition of fiduciary duties that could offer corporate managers guidance in developing new stakeholder relationships

Associations between the composition of daily time spent in physical activity, sedentary behaviour and sleep and risk of depression: compositional data analyses of the 1970 British cohort study

Background The benefits of moderate to vigorous physical activity(MVPA) in lowering depression risk are well established, but there is mixed evidence on sleep, sedentary behaviour(SB), and light-intensity physical activity(LIPA). These behaviours are often considered in isolation, neglecting their behavioural and biological interdependences. We investigated how time spent in one behaviour relative to others was associated with depression risk. Methods We included 4738 individuals from the 1970 British Cohort study (age 46 wave). Depression status was ascertained using self-reported doctor visits and prescribed anti-depressant use. MVPA, LIPA, SB and sleep were ascertained using thigh-worn accelerometers worn consecutively for 7 days. Compositional logistic regression was used to examine associations between different compositions of time spent in movement behaviours and depression. Results More time spent in MVPA, relative to SB, sleep or LIPA, was associated with a lower risk of depression. When modelling reallocation of time (e.g. replacing time in one behaviour with another), replacing sleep, SB or LIPA with MVPA time was strongly associated with lower depression risk. Reallocating time between SB, sleep or LIPA had minimal to no effect. Limitations Data was cross-sectional, therefore causality cannot be inferred. Accelerometers do not capture SB context (e.g. TV watching, reading) nor separate biological sleep from time spent in bed. Conclusions Displacing any behaviour with MVPA was associated with a lower risk of depression. This study provides promising support that increasing MVPA, even in small doses, can have a positive impact on prevention, mitigation and treatment of depression