Annual Survey of Virginia Law: Corporate Law

Despite its widely held reputation as being a bastion of all things conservative, Virginia has long been a leader on the frontier of corporate and partnership law. As a recent example confirming its progressive reputation, one need look no further than the 1991 passage of legislation permitting the formation of limited liability companies. While the amount ofactivity in corporate law this year was far from notable, the legislation and judicial decisions from the past year continue to demonstrate Virginia\u27s corporate activism

Universities under fire :the strategic management of budgetary retrenchment

Interdisciplinary Studies Concentration--Public PolicyThe study of public administration often centers around budgeting: for example, budget preparation, approval, and execution, budget reform, and the expansion of the operating budget to maximize agency performance. To some degree, however, the academic literature tends to assume that agencies will have little trouble finding the funds or resources necessary to carry out adequately their policy directives. When the problem of insufficient funding has been addressed, it has usually been in the context of either a significant administrative policy change reflecting a decrease in the importance a policy issue holds on the public agenda, or as a study of legislative oversight reaction to perceived excesses on the part of the agency in the course of executing its duties