Read all about the pendulum swing in Corporate America and its effects on the “Shareholder Primacy” paradigm in an interesting article written by Atty. Moshe Ganot (one of our M&A partners).
The articles examines the practical implications of the revised “Statement on the Purpose of a Corporation” recently issued by the Business Roundtable. A shorter version of this article was published on the Tel Aviv University Forum on Corporate Governance.