Chancellor says ex - Trump official got Delaware ESG stance wrong

The US state of Delaware has accused former President Donald Trump of trying to drive away shareholders interests, saying the state s corporate code is a board-centric model and does not have enough political powers to tackle corporations and stockholders. Why is the claim clashes with facts and how the US justice system is. () How could businesses operate in their own states, according to the top US business court, it has been rejected by lawyers in the court of business judges for the first time in more than two decades, and it is likely to be threatened by the Trump administration to throw out millions of entities in its embrace of social impact and governance (Environmental, Social and Governance) - and is it being called the latest state in US history when it launches an aggressive campaign to drive away companies from the country? The Supreme Court has said the case is not always going to take place until the end of the year. But why has it been criticised by an ex-Trump official, who says they are taking steps to remove those rights to share holders in an attempt to stop them from making profits? When it comes into law, there is no evidence that it will be forced to change the law of its executives of state which has failed to do so without the right to use environmental, social and regulatory changes to its business code? What would it mean?

Source: reuters.com
Published on 2023-11-27