The document discusses the enforcement of fiduciary discourse standards in corporate governance, focusing on the obligation of candor, completeness, and good-faith. It explores the concept of 'stakeholder derivative' suits and the extension of federal securities laws to non-shareholding stakeholders. The document also delves into the concept of 'integrity' in corporate governance, as proposed by Michael Jensen, emphasizing the importance of individuals and systems operating with integrity for improved corporate value.
doj/DataSet10/EFTA01378448.pdf
{"key_people":["Michael Jensen","Werner H. Erhard","Steve Zaffron"],"document_type":"legal","document_subtype":"legal analysis","reference_numbers":["87 DB-SDNY-0075627","SDNY_GM_00221811","EFTA01378448"]}