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Corporate boards’ loss of faith in Delaware’s elusive new ‘good faith’ contrivance

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Jeffrey Sonnenfeld is Lester Crown Professor in Leadership Practice at Yale School of Management and president and founder of the Yale Chief Executive Leadership Institute. Steven Tian is research director of the Yale Chief Executive Leadership Institute and former quantitative analyst at Rockefeller Capital Management. Cloudflare’s special committee retained Sonnenfeld and Tian to present their research on dual class shares during its deliberations.

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