Such cases traditionally have been dismissed under the so-called business judgment rule, which prevents judicial second-guessing of normal business decisions.
Amazon is violating the classic Harvard Business Review rule that smart companies are supposed to have a single-minded focus on a narrow marketplace.
Charities can only own 20% of a company under the Excess Business Holdings rule (35% if somebody else has control of the company).
FORBES: Koch Bros. Could Pull A $40B Dividend -- But Probably Won't
If these lies truly fell inside the vague boundaries of the so-called "business judgment rule, " then all I can say is that it's time to overhaul this invitation to lie to investors, directors, rating agencies and regulators.
We heard from President Medvedev about his apparent eagerness to dramatically improve the business environment, introduce greater clarity about the legality and rule of business law.
FORBES: A View From St. Petersburg: Russia Rebounds From Oil Collapse
Memo to Big Entertainment: In case you missed this in business school, rule number one in sales is try not to induce nausea on the part of your prospective sales targets.
FORBES: What To Do When Your Customers Flock to the Cloud? Hopefully, You Don't Sue Them
And the state has started messing around with business: a rule that 65% of equipment for the deepwater oil industry must be produced at home guarantees that developing the new fields will be slower and costlier than it need be.
While Japanese-run restaurants, labels, stores and bars have come to dominate the scene, in Japan's high-end hotel business, foreign brands rule.
People have a lot of trouble meeting the real estate trade or business exception to the rule that makes real estate rental per se passive.
FORBES: Even Real Estate Salesman Has Trouble With Passive Loss Exception
Politics is a dirty business and do not rule out Labour offering to ditch Gordon Brown for another figure if it would lure the Liberal Democrats over.
Almost all expressed worry about high levels of government spending with Lazarus noting that a key rule in business is that you cannot spend your way to success when revenues are down.
FORBES: Small Business Owners Weigh In On Tax Cuts, the Buffett Rule and the Election
Where no adequate reason exists for a rule or standard and that rule hinders us from doing business on both sides of the border, then that rule needs to be reexamined.
Based upon the above allegations, the AWC asserted that Weiss knew or should have known that the answers provided by the two reps on the Outside Business Activity Disclosure Statements were inaccurate, resulting in his failure to properly supervise in accordance with NASD Conduct Rule 3030: Outside Business Activities of an Associated Person, which caused violations of NASD Conduct Rules 3010: Supervision and 2110: General Standards.
FORBES: MetLife Manager Fined And Suspended In FINRA Life Settlement Case
The unwritten rule is that business is conducted in the public sector from Monday to Thursday.
"On any major business issue we have a rule that we have to agree if we go forward, " says Richard.
Li also relates another rule: One business he will not get into, out of deference to his late mother's wishes, is casinos.
The ruling was seen as a victory for the beverage industry, restaurants and other business groups that called the rule unfair and wrong-headed.
But they were breaking an unwritten rule of private business in China: do not grow so big as to make the state covetous.
ECONOMIST: In rural China, a private oil boom became a state-owned one
Monday's ruling came just hours before the restriction was to take effect, handing a victory to the beverage industry, restaurants and other business groups that called the rule unfair and wrong-headed.
But they are outgunned by the massive influence and lobbying dollars of the financial services industry, which has to change its customer relations business model if the fiduciary rule is ever put into place.
The Center for Security Policy today warned of "sweetheart deals" between the Soviet Union and key Western governments that threaten to breach a cardinal rule of Western business and, particularly, banking practices: "equal treatment" for Western creditors.
Regardless of what stages you are in with your business, you should never rule out the global marketplace as you may find that entering emerging markets will offer you a landscape with fewer competitors and a faster growing market sector.
In the centeral business and commerce area an unwritten rule seems to be that no one talks about politics or divisions.
Instead, play by the rule--your business acumen--that first allowed you to generate the wealth that you are now deploying in the stock market.
Business would prefer no union recognition rule at all, although it accepts Labour's idea that workers dismissed for striking legally should be allowed to seek compensation.
Despite his own sympathy for the left, Brazil's leader has calmed business with his respect for the rule of law, his fiscal discipline and his success in combating inflation (halved to 6% in three years).
There will be no PMQs, so the next business will be a Ten Minute Rule Bill from Labour's Meg Munn to allow schools to register as Co-Ops (Industrial Provident Societies) and then it's on to committee of the whole House consideration of the Finance Bill.
Jeffrey Pfeffer of Stanford Business School is an exception to this rule.
ECONOMIST: Why some people have power over companies and others don��t
Its attention to the rule of law and good business practices created a largely corruption-free environment and a financial system among the region's soundest and best-regulated.
应用推荐