The Adulteration of Fiduciary Doctrine in Corporate Law
Why this work is in the frame
A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.
Bibliographic record
Abstract
The conventional function of accountability is to control opportunism in limited access arrangements. One area of the law, however, has separated itself from the general jurisprudence through an internal expansion to matters beyond the mischief of opportunism. In the corporate context, fiduciary responsibility ostensibly now regulates the general quality or merits of the actions of directors. That move beyond the conventional boundary was not a conscious development. It was an unschooled semantic progression into unjustified conceptual novelty. Elsewhere I have described the confusion in the modern jurisprudence. Here I explain how a large part of that confusion arose through the uninformed acceptance over time of imprecise judicial language. At no point in the past two centuries did the judges appear to appreciate how their use or acceptance of language had the effect of dissolving the conventional boundary. They did not intend to change the law. They believed on each occasion that they were only stating established principle. The law has thus been fundamentally altered inadvertently - and the control of director opportunism has been compromised immeasurably.
Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.
Full frame distilled prediction
Teacher imitationNot calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.
Codex and Gemma teacher scores by category
| Category | Codex | Gemma |
|---|---|---|
| Metaresearch | 0.002 | 0.000 |
| Meta-epidemiology (narrow) | 0.000 | 0.000 |
| Meta-epidemiology (broad) | 0.000 | 0.000 |
| Bibliometrics | 0.000 | 0.000 |
| Science and technology studies | 0.001 | 0.000 |
| Scholarly communication | 0.000 | 0.000 |
| Open science | 0.000 | 0.000 |
| Research integrity | 0.000 | 0.000 |
| Insufficient payload (model declined to judge) | 0.000 | 0.000 |
Machine scores (provisional)
The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.
Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.
score_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it