Under traditional state and corporate law doctrine, officers and directors of both public and closely held firms owe fiduciary duties to shareholders and to shareholders alone. Directors and officers are legally required to manage a corporation for the exclusive benefit of its shareholders, and protection for other sorts of claimants exists only to the extent provided by contract. This legal norm, however, has been subjected to considerable stress as a result of recent legislative action in a majority of states that authorizes (or, in the case of one state, requires) directors to take into account the interests of other "constituencies" such as employees, suppliers, customers, and the local community in making business decisions. This Article examines the three primary criticisms that have been levelled at the nonshareholder constituency statutes.
The export option will allow you to export the current search results of the entered query to a file. Different
formats are available for download. To export the items, click on the button corresponding with the preferred download format.
By default, clicking on the export buttons will result in a download of the allowed maximum amount of items.
To select a subset of the search results, click "Selective Export" button and make a selection of the items you want to export.
The amount of items that can be exported at once is similarly restricted as the full export.
After making a selection, click one of the export format buttons. The amount of items that will be exported is indicated in the bubble next to export format.