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

Review Article: Democratization as Cultural History, or: When is (West) German Democracy Fulfilled?

This review article seeks to advance the notion of democracy as action as a concept for the study of (West) German democracy. It suggests that it would be preferable to define democracy as practical rather than speculative so as to show how democratic culture, far from being merely an object of reverence, emerged in the form of serious disputes and equally serious displacements. Because democracy is the régime within which the struggle for democracy finds legitimacy, the study of democracy means examining how men and women invoked democracy in the struggle for what they believed were democratic goals and aspirations. Among the books under review, three in particular seem best to anticipate future research in the area, in that they examine post-1945 German democratization in an anti-teleological vein, mindful of conflict and the competition for power

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