The self-appointed Governance activists in business and finance should take note. They stray from the original purpose of good Corporate Governance (how companies should be governed in the insterests of the shareholders). Other stakeholder interests can be guarded by proper laws after they have been determined in a democractic process.
(26-July-2020)
Interesting Contribution from Gregory Mankiv
Yesterday, in McRitchie v. Zuckerberg (Del. Ch.; 4/24), Vice Chancellor
Laster confirmed that directors owe “firm-specific fiduciary duties” under
Delaware...
11 hours ago
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