Presented by: Business Law Section

Since the early 1970s, the “shareholder primacy” paradigm has dominated corporate governance thinking. In August 2019, the Business Roundtable, an influential group of CEOs from major American companies, issued a controversial new Statement on the Purpose of a Corporation. This program will inform Wisconsin lawyers of the arguments on both sides of the debate, i.e., Should a corporation be focused primarily on maximizing shareholder value, or should a corporation be focused on commitments to various stakeholders when making decisions? You will:

• Get up-to-speed on the debate over a corporation’s purpose
• Be able to advise corporate clients and boards of directors on their fiduciary duties