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ADVISORY GROUP DRAFT 5 [i] (October 4, 1983)

handle is hein.ali/alicgv0016 and id is 1 raw text is: THIS DRAFT IS PRIVATE AND CONFIDENTIAL
PUBLIC DISCLOSURE IS PROH1BITED*
(Not to be sold, offered for sale, or otherwise published)
The American Law Institute
PRINCIPLES OF CORPORATE GOVERNANCE:
ANALYSIS AND RECOMMENDATIONS
Advisory Group Draft No. 5
Subjects Covered:
Part I.   Definitions
Part II.  Objective and Conduct of the Corporation
Part I. Structure of the Corporation
Part IV. Duty of Care and the Business Judgment Rule
Part VI. Remedies
Submitted to the Consultants and Advisers for consideration at their meeting on
October 27 (at 10:00 a.m.), 28, and 29, 1983, at The ALI Conference Center, fourth floor,
4025 Chestnut Street, Philadelphia, Pennsylvania
October 4, 1983
THE ExECUTrvE OFcE
THE AMEuCAN LAW INsrrrum
4025 Chestnut Stre%.-t
Philadelphia, PA 19104
*This is a preliminary draft submitted on a private and confidential basis to a limited group for the sole
purpose of study and criticism. It has not been promulgated or approved by the Council or the
members of The American Law Institute.
As an unpublished document intended for internal use, this draft should not be generally circulated or
distributed, nor should it be quoted from or cited or Its substance disclosed in any public address or
writing.