CORPORATIONS-OFFICERS AND DIRECTORS-EFFECT OF STATUTES ON CONTRACTS BETWEEN CORPORATIONS WITH COMMON DIRECTORS

Davenport S.Ed., William K.

Journal: Michigan Law Review

Volume: 51

First Page: 705

Year: 1953

Bluebook Citation: 51 MICH. L. REV. 705 (1953)

Author: William K. Davenport S Ed: all 4 publications


Abstract

Legislative policy-making on the subject of contracts between corporations having interlocking directorates has required a balancing of the interest of corporate enterprise in the flexibility of business relations against the interest of minority shareholders in protection against self-dealing by corporate managers.

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