Corporate law redefined: corporations as persons with purpose, reshaping shareholder dynamics.
The article introduces a new way to understand corporate law by focusing on the idea that a corporation is like a person with a purpose. This perspective suggests that the goal of a corporation is to achieve its purpose, which benefits both stakeholders and shareholders. By looking at corporate law through this lens, the article argues that it can provide better solutions to current issues faced by corporations. This approach challenges traditional views and offers a more nuanced framework for analyzing corporate law.