Directors' duty to obtain a fair price in the conversion of nonprofit hospitals.

نویسنده

  • E S Tower
چکیده

Boards of Directors of tax-exempt hospitals are increasingly struggling with whether to convert their facilities to for-profit status. Other than the traditional duties of loyalty and fair dealings imposed upon directors, there is currently little guidance to assure that boards obtain a fair price for the hospital in such conversions. The author provides recommendations to assure proper valuation.

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Boards of directors under fire: an examination of nonprofit board duties in the health care environment.

Attorney Ono presents a detailed discussion of fiduciary duty principles as applied to the directors of nonprofit health care corporations in the current health care environment. The article reviews general corporate responsibilities, the implication of the taxpayer's Bill of Rights 2, the care of In re Caremark International Inc. Derivative Litigation and particular issues faced by boards in n...

متن کامل

Nonprofit Boards in Australia: a distinctive governance approach

This article reports the findings into patterns of governance on nonprofit boards in Australia. The research surveys 118 boards, upon which serve a total of 1405 directors. The findings indicate that nonprofit boards can mimic some aspects of a shareholder approach to governance. But nonprofit boards, in the main, indicate priorities and activities of a stakeholder approach to governance. The f...

متن کامل

Perceptions of Nonprofit Funding Decisions: A Survey of Local Public Administrators and Executive Directors of Community-Based Housing Organizations (CBHOs)

This article compares how local public administrators and executive directors of community-based housing organizations (CBHO) perceive nonprofit funding decisions. The article’s findings suggest that both groups shared perceptions about the scope of affordable housing and factors influencing its funding. Yet, important differences existed. Public administrators were ambivalent about nonprofit c...

متن کامل

بررسی تأثیر ویژگی‌های هیئت‌مدیره بر ساختار سرمایه شرکت‌های پذیرفته شده در بورس اوراق بهادار تهران

The basic philosophy behind creating a corporate leadership system is representation issues or the conflict of interests between the directors and shareholders. A number of mechanisms have been considered in the financial literature to reduce the problems of representation one of the outstanding mechanisms is the corporate leadership system. This paper studies the relationship between some boa...

متن کامل

Developing a Paradigm for Fair Valuation in Tehran Stock Exchange

The concept of value is of great importance for investors. The goal of different groups of investors is always to maximize the value of their capital. The aim of this research is developing factors effective on securities in capital market in order to develop a paradigm for fair valuation that leads investors to make better decisions. To study fair value in a precise and comprehensive way, effe...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

عنوان ژورنال:
  • Annals of health law

دوره 6  شماره 

صفحات  -

تاریخ انتشار 1997