Which of the following is a term for a state statute authorizing boards of corporations to take into account all stakeholders and constituencies even when a change in control or breakup of the corporation has become inevitable?

Question

Quizplus · Accepted Answer

The term described in the question is "constituency statute". It authorizes boards of corporations to take into account the interests of all stakeholders and constituencies, even when the corporation is going through a change in control or a breakup.

Which of the Following Is a Term for a State