Jump to ContentJump to Main Navigation
Derivative Actions and Corporate Governance$
Users without a subscription are not able to see the full content.

Arad Reisberg

Print publication date: 2007

Print ISBN-13: 9780199204892

Published to Oxford Scholarship Online: January 2009

DOI: 10.1093/acprof:oso/9780199204892.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 20 October 2021

A Proposed Model for Derivative Actions: the Functional and Focused Model (FFM)

A Proposed Model for Derivative Actions: the Functional and Focused Model (FFM)

(p.167) 5 A Proposed Model for Derivative Actions: the Functional and Focused Model (FFM)
Derivative Actions and Corporate Governance

Arad Reisberg

Oxford University Press

This chapter develops a model to analyse and explain the use of the derivative action referred to as the Functional and Focused Model (FFM). It is organized in two parts. Part A provides the setting. Section 5.2 discusses the role of derivative actions in the corporate governance matrix. Section 5.3 then discusses the specific role that the derivative action may play in such a constantly changing system. The various points teased out throughout the preceding discussion are finally crystallized in Part B of the chapter. First, section 5.4.1 sets out the aims of the model, followed by an outline and the policy premises underlying the FFM. Section 5.4.2 then unearths and illuminates the value of deterrence against corporate misconduct. Section 5.4.3 considers strategies that can be pursued to reverse the negative effects of those forces that weaken the social meaning of derivative actions. Subsequently, these key characteristics are reduced to practical recommendations in Section 5.4.4.

Keywords:   Functional and Focused Model (FFM), aims, policy, characteristics, recommendations

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .