Delaware’s economy is very heavily dependent
on our “incorporation franchise”.
Therefore, we have to remain
the beacon of corporate governance for Corporate America!
Dual-class stock –
which is suddenly under attack
–
has Delaware centerstage. Both regulators and the exchanges are blocked.
Therefore,
investors are now calling on the Incorporation Capital,
which is Delaware
, to initiate legislation demanding one share, one vote.
University of Delaware Professor Charles Elson,
who is in the middle of the firestorm
, explains...
