Question: Judge Leo Strine, the Vice Chancellor of the Delaware Court of Chancery (the Delaware Court with original jurisdiction over state corporate law cases), has suggested that effective regulation of corporate behavior will require nations to give up some of their sovereignty to international institutions in exchange for regulation of the global product and financial markets in which multinational corporations conduct their business.92
a. Do you agree?
b. Will some form of corporate global regulation be necessary to protect all of the stakeholders of such corporations?