To many observers, Delaware corporate law appears to be founded on shareholder-centric philosophies. As companies and board members transition to more stakeholder-centric structures, this could prove to be a challenge.
In this episode, Randy Holland, former Justice of the Delaware Supreme Court and Senior of Counsel with Wilson Sonsini, breaks down how Delaware corporate law and stakeholder capitalism will co-exist:
- As companies move from shareholder-centric to stakeholder-centric business models, what potential conflicts or challenges can they expect?
- How has stakeholder capitalism impacted the way Delaware courts view director duties?