This article discusses the need for a public debate on reforming aspects of Delaware's corporate franchise and highlights Elon Musk's recent move of incorporating SpaceX in Texas.
Before Weitzman came to academia, he was a journalist whose work formed the core of books and book chapters on Latin American prosperity, the development of financial derivatives, and most recentlysystem of corporate governance . The state has about 1.6 million registered companies and just under 1 million residents, Weitzman reports. What’s the Matter with Delaware ? How the First State Has Favored the Rich, Powerful, and Criminal — and How It Costs Us Allwith encouraging an overdue debate.
“ shows why Delaware needs to have a public conversation now and regularly into the future about whether to reform aspects of its corporate franchise,” wrote Wilmington-based writer Karl Baker. “We might democratically decide not to. And, that’s OK. But with a public debate, at least we are clear eyed moving forward.”out of Delaware’s corporate governance, along with a wider view of the state’s corporate history. What follows is an edited version of that exchange.: Elon Musk recently moved where SpaceX is incorporated from Delaware to Texas after a Delaware judge voided his Tesla pay packag
Delaware Corporate Governance Public Debate Reform Elon Musk Spacex Texas
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