Which state, in which the majority of corporations are incorporated, asserts that manager can consider non-shareholder interests in scenarios such as mergers as long as there is some connection to providing value to shareholders?

Question

Quizplus · Accepted Answer

Delaware law allows managers to consider the interests of non-shareholder stakeholders (such as employees, customers, and the community) in their decision-making, particularly in the context of mergers and acquisitions, as long as there is some rationale that these considerations ultimately benefit the shareholders. This flexibility is one reason why a majority of corporations choose to incorporate in Delaware.

Which State, in Which the Majority of Corporations Are Incorporated