BJRBonjour (Tour de France cycling sponsor)
BJRBritish Journal of Radiology
BJRBusiness Judgment Rule (corporate law)
BJRBritish Journalism Review (UK)
BJRBayerische Jugendring (German: Bavarian Youth Council; Bavaria, Germany)
BJRBrad Jones Racing (car racing; Albury, New South Wales, Australia)
BJRBanff Jasper Relay (Canada)
BJRBed Joint Reinforcement (construction)
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References in periodicals archive ?
In reaching its conclusion, the Fourth Circuit applied the BJR in an alarmingly different way than the district court, thereby highlighting the uncertainty and ambiguity still surrounding proper application of the rule.
However, the BJR presumption can be overcome if director misconduct
This inquiry is a highly deferential one: the BJR operates on the "presumption that in making a business decision, the directors of a corporation acted on an informed basis, in good faith and in the honest belief that the action was taken in the best interests of the company....
Would doing so shift the standard from the entire fairness standard to the BJR? Although in the years since Kahn v.
Under the BJR, a company's directors are given liberal discretion to make management and policy decisions, and a court should not substitute its judgment for that of the directors.
The Business Judgment Rule ("BJR") first appeared in Alaska in 1975 after a fire destroyed a small factory in Fairbanks that was owned by Alaska Plastics, Inc.
The BJR shields both officers and directors from personal liability, as well as board decisions from judicial review.