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Corporate & Securities Law

: BusinessAssociationsBlog.com

Does Dodge v Ford Motor Co Remain Canon?

By Stephen Bainbridge

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My friend and UCLAW colleague Lynn Stout has posted to SSRN a provocative paper: Why We Should Stop Teaching Dodge v. Ford: Among non-experts, conventional wisdom holds that corporate law requires boards of directors to maximize shareholder wealth. This common but mistaken belief is almost invariably supported by reference to the Michigan Supreme Court’s 1919 opinion in Dodge v. Ford...

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Full post as published by BusinessAssociationsBlog.com on February 11, 2008 (boomark / email).

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