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1 Oct 2009, 5:48 pm
Court of Appeals for the Second Circuit held in State of Connecticut v. [read post]
16 Mar 2025, 9:05 pm
”[15] Shareholders are people too, however, and so one can argue that the permissive scope of corporate fiduciary duties should allow for the adoption of climate-friendly policies if they generally enhance shareholder “welfare” rather than profits.[16] Also, there is wiggle room in arguments favoring the “long-term” interests of shareholders, though future generations of not-yet-existing “shadow shareholders” are unlikely to be included.[17]… [read post]
