M&A Legal Context: Basic Framework for Corporate Governance Case Solution
The studentsare introduced to the fundamental framework for corporate governance. It startsby describing the complicated part regarding the new company, after which it discusses the duties of the corporation’sboard of directors (duty of care, duty of loyalty, etc.), and concludes by proposing seven factors officials and managers should consider when managing the sale or purchase of a business.
This is a re written version of Smith vs Van Gorkom.
This is just an excerpt. This case is about STRATEGY & EXECUTION
PUBLICATION DATE: June 24, 2003