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Evolving Corporate Governance in Delaware and Beyond
This chapter explores recent developments in state-level corporate governance, particularly focusing on Delaware's evolving legal landscape influenced by high-profile cases like Elon Musk's litigation. It discusses the implications of excessive legal fees, the shift towards Public Benefit Corporations in AI firms, and the philosophical debates surrounding shareholder primacy versus broader social responsibilities. Additionally, the chapter highlights recent judicial rulings and their potential impact on corporate governance in the context of an increasingly complex legal environment.