The organs and functions of a limited liability company are controlled by Company Law No. 40 2007 Governing Limited Liability Companies (UU PT). tasks executing supervising have been distinguished. board directors is in charge the company's day-to-day operations, while commissioners oversees directors. In reality, however, participates director activities or performs tasks. This study aims to a...

Potential Solution? March/April 2007 Timothy Hoffmann Metromedia International Group, Inc.’s board of directors faced a perplexing dilemma. Approached with an attractive offer from a potential purchaser, the board wanted to sell the corporation’s primary asset and cease operations. In order to consummate the transaction, however, Delaware law and the company’s certificate of incorporation requi...

This paper depicts an important story in the history of occupational therapy. The story concerns a small group of women, known as the Curriculum Directors, whose influence prevailed in the growth and development of occupational therapy throughout the 1950s. The account is synthesized from both written history sources and oral history interviews with group members and their contemporaries. It ch...

We use a bargaining framework to examine empirically the relations between director compensation and board-of-director independence. Our evidence suggests that independent directors have a bargaining advantage over the CEO that results in compensation more closely aligned with shareholders’ objectives. Firms with more outsiders on their boards award directors more equity-based compensation. Whe...

This study investigates the relationships among industry specialist auditors, outside directors, and financial analysts. Specifically, we examine the effect of analyst coverage on the association between auditor industry specialization and outside directorship. We find that outside directors are less likely to hire industry specialist auditors for firms with high analyst coverage than for firms...

Primary tasks for clinical directors are to disseminate information to colleagues, provide feedback to senior professional managers, and to play key roles in strategic planning and resource allocation in health services. These tasks are seen to reduce barriers between clinicians and management. The application of clinical directorates across healthcare organisations is inconsistent and ambiguou...