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- Title
ACCOUNTABILITY DOES NOT REQUIRE CONSTANT VULNERABILITY: A SIMPLE BUT NECESSARY UPDATE TO THE DELAWARE GENERAL CORPORATION LAW.
- Authors
NORWITZ, TREVOR S.
- Abstract
An essay is presented which explores the update in the Delaware General Corporation Law (DGCL) regarded for their common sense approach to business governance and enabling posture. It mentions public corporations are able to structure their governance affairs and serious distracting directors and managers from the work of maximizing shareholder value. It presents the decision of Delaware Court of Chancery in the case In re Vaalco Energy Shareholder Litigation.
- Subjects
DELAWARE; CORPORATION law; CORPORATE governance; GOVERNMENT corporations -- Law &; legislation; BOARDS of directors; STOCKHOLDERS; DELAWARE. Court of Chancery
- Publication
Delaware Journal of Corporate Law, 2016, Vol 41, Issue 1, p105
- ISSN
0364-9490
- Publication type
Essay