Compulsion No, Opportunity Yes in the Delaware Law of Externalities
Reynolds Holding
DECEMBER 22, 2024
That legal requirement promotes legal compliance in its own right, while also providing a mechanism for holding fiduciaries accountable when they knowingly cause an entity to violate positive law. Controllers may limit managerial agency costs, but their self-interest produces so-called controlling shareholder agency costs. [2] Derivative.
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