In Team Production Theory of Corporate Law, Margaret Blair and Lynn Stout made two related points. First, that Delaware law does not require rigid shareholder primacy in public corporations. Rather, the broad deference afforded to the decisions of predominantly independent corporate boards of...

The Committee is considering two different kinds of legislative proposals. The first kind are improvements to the existing regime: rewarding PCAOB whistleblowers to encourage early reporting, improving the process for granting waivers from bad actor disqualifications, and increasing the civil...