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MEMORANDUM ON C.D. 14, AND CORRESPONDENCE [i] (November-December 1989)

handle is hein.ali/alicgv0046 and id is 1 raw text is: 0Qlfo-

This document, as of the date it was printed, had not been considered by the Council or
membership of The American Law Institute, and therefore does not represent the
position of the Institute on any of the issues with which it deals.

The American Law Institute
PRINCIPLES OF CORPORATE GOVERNANCE:
ANALYSIS AND RECOMMENDATIONS
Council Draft No. 15
(November 15, 1990)

Subjects Covered:
Part I. Definitions
Part II. The Objective and Conduct of the Corporation
Part. III. Functions and Powers of Officers and Directors in Publicly Held
Companies; Audit Committee in Large Publicly Held Corporations
Part III-A. Recommendations of Corporate Practice Concerning the Board and
the Principal Oversight Committees
Part IV. Duty of Care and the Business Judgment Rule
Submitted to the meeting of the Council of The American Law Institute on
December 5 (at 10:00 a.m.), 6, 7, and 8, 1990, at
D'Agostino and Vanderbilt Halls, New York University School of Law,
110 West 3rd Street, New York, New York.
This Draft is scheduled for discussion on
Thursday, December 6, at 2:00 p.m.

TIE EXECUTIVE OFFICE
711E AMERICAN LAW INSTITUTE
4025 Chestnut Street
Philadelphia, PA 19104

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