Peter Atkins

Skadden, Arps, Slate, Meagher & Flom LLP

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Directors’ Oversight Role Today: Increased Expectations, Responsibility and Accountability — A Macro View

I. The Current State of Play - The subjects falling within the purview of U.S. public company board of director oversight have grown to encompass virtually any subject that an investor, stakeholder or other party raises...more

4/23/2021 / Board of Directors , Business Strategies , Corporate Governance , Corporate Social Responsibility , Environmental Social & Governance (ESG) , Internal Controls , Publicly-Traded Companies

An Alternative Paradigm to ‘On the Purpose of the Corporation’

Recently a definition of corporate purpose has been proposed and elaborated on in a memorandum captioned “On the Purpose of the Corporation” (the Corporate Purpose Memo)....more

6/3/2020 / Corporate Governance , Corporate Purpose , Delaware General Corporation Law , Environmental Social & Governance (ESG) , Fiduciary Duty , Publicly-Traded Companies

Directors’ Fiduciary Duties: Back to Delaware Law Basics

The dawn of a new decade brings with it the certainty of ongoing challenges to the conduct of public company directors based on alleged breaches of fiduciary duty. This note is a brief reminder for directors of Delaware...more

2/20/2020 / Board of Directors , Breach of Duty , Business Judgment Rule , Delaware General Corporation Law , Duty of Care , Duty of Loyalty , Fiduciary Duty , Independent Directors , Oversight Duties , Publicly-Traded Companies

Putting to Rest the Debate Between Corporate Social Responsibility and Current Corporate Law

There is an ongoing debate regarding the role of publicly traded for-profit business corporations in addressing the many serious challenges confronting society, including some directly involving nonshareholder corporate...more

8/28/2019 / Board of Directors , Corporate Governance , Corporate Social Responsibility , Publicly-Traded Companies , Shareholders

Social Responsibility and Enlightened Shareholder Primacy: Views From the Courtroom and Boardroom

There is an ongoing debate about the role that publicly traded for-profit business corporations should play in addressing a broad range of problems confronting our world today. Many issues fall under the ESG label — meaning...more

2/4/2019 / Best Management Practices , Board of Directors , Business Judgment Rule , Corporate Governance , Corporate Social Responsibility , Environmental Policies , Fiduciary Duty , Publicly-Traded Companies , Shareholders

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