Not clear why boards in listed companies could not make speedy decisions - if the will and skillset are there. At least boards in listed companies are more transparent as fiduciaries and often real investors can see the impact of their actions more directly.
(16-Jan-2019)
60 seconds with Bill Priestley
Yesterday, in McRitchie v. Zuckerberg (Del. Ch.; 4/24), Vice Chancellor
Laster confirmed that directors owe “firm-specific fiduciary duties” under
Delaware...
9 hours ago
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