THE DIVERGENCE OF STANDARDS OF CONDUCT AND STANDARDS OF REVIEW IN CORPORATE-LAW

In this Article, Professor Eisenberg examines how and why standards of conduct and standards of review diverge in corporate law. Professor E isenberg analyzes the relevant standards of conduct and review that ap ply in a number of corporate law contexts. He discusses the reasoning and policies underlying these diverging standards. Professor Eisenberg explains the basis of most existing standards of conduct and review a nd suggests modifications of several others.