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Texas and the internal affairs doctrine

Shareholder Primacy

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Shifting Dynamics in Corporate Governance

This chapter explores the recent legislative changes in Texas that may challenge Delaware's status as the leading jurisdiction for corporate governance. It highlights the significance of the internal affairs doctrine and how varying state laws could reshape shareholder rights and corporate operations. The conversation also examines the implications of Texas's approach on the corporate landscape, stressing the evolving interaction between state and federal regulations.

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