A tweet to the Business Roundtable re the law of corporate purpose

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08/19/2019

A tweet to the Business Roundtable re the law of corporate purpose

Memo to the @BizRoundtable: You don't get to "redefine" anything. Only the Delaware courts can change the law of corporate purpose. And, as you ought to know, Delaware comes down square on the side of shareholder wealth maximization. https://t.co/brym193M3U #BizRoundtable https://t.co/QHVpkG8rE6
— Professor Bainbridge (@ProfBainbridge) August 19, 2019