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- Title
BENEFIT CORPORATIONS: THE END OF SHAREHOLDER PRIMACY IN THE TAKEOVER CONTEXT?
- Authors
CAPUTO JR., RICHARD R.
- Abstract
The article explore the tension between shareholder primacy and benefit corporations, specifically in the context of takeovers. It examines how benefit corporations challenge the traditional shareholder primacy model. It further delves into court approaches regarding shareholder primacy enforcement during takeovers and how the emergence of benefit corporations might affect directors responsibilities when evaluating buyout offers.
- Subjects
SHAREHOLDER primacy; BENEFIT corporations (Business structure); MERGERS &; acquisitions; CORPORATE directors
- Publication
Delaware Journal of Corporate Law, 2021, Vol 45, Issue 2, p279
- ISSN
0364-9490
- Publication type
Article