The document discusses the role of reputational dynamics in corporate governance, emphasizing the influence of the Delaware Court of Chancery in shaping director conduct through reputational means rather than direct liability. It explores the challenges of multi-stakeholder governance and the 'two masters' problem, arguing that directors already manage conflicts among different shareholder interests.
doj/DataSet10/EFTA01378445.pdf
{"key_people":["Professor Bainbridge","Lisa Fairfax"],"document_type":"legal","key_locations":["Delaware"],"document_subtype":"legal analysis","key_organizations":["Delaware Court of Chancery"]}