Document Type

Article

Publication Date

2019

Abstract

The controversy over emerging fee-shifting corporate bylaw and charter provisions presents multiple policy choices. Delaware’s decision to ban the provisions offers an opportunity for: (i) states to offer a meaningful alternative to Delaware; and (ii) the generation of useful information for evaluating whether particular bylaws or charter provisions enhance shareholder wealth.

Publication Citation

20 Transactions: Tenn. J. Bus. L. 933 (2019).

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