What is corporate governance?
Corporate governance is a broad area of the law encompassing a wide range of topics under both state and federal law including: the activities of board of directors, the rights of shareholders, SEC compliance (see Securities Law Guide), the business judgment rule, state corporate governance law and mergers and acquisitions. It also is impacted by high profile, reform-oriented, legislation such as Sarbanes-Oxley.
Many corporate governance issues are controlled by state law. Therefore, we have included information about and links to state law resources focusing on Georgia and Delaware in addition to information about sources for federal law. Many corporations, regardless of their location, are incorporated in Delaware which makes the law of this state of particular importance in the area of corporate governance.