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October 2026
Controllers’ Idiosyncratic Vision and the Regulation of Self-Dealing, with International Comparison
Speaker: Professor Zohar Goshen, Jerome L. Greene Professor of Transactional Law, Columbia Law School
Controlling shareholders can create substantial value by pursuing an idiosyncratic vision that outside investors may not fully understand. But control also creates opportunities for self-dealing. How can minority shareholders be protected without undermining the controller’s ability to create value?
Join Professor Goshen as he examines this tension and two principal approaches: (i) approval by disinterested shareholders or directors, and (ii) judicial review for fairness. He will also discuss Delaware’s inconsistent use of these mechanisms and compare its approach with those adopted in other countries.
