1. As of 2010, almost 61 percent of the overall 1000 firms’ outstanding equity is controlled by institutional shareholders: pension funds, mutual funds, banks, life insurance companies, and endowments.
2. Moleney v. Brincat, 722 A 2d 5, 10 (Del. 1998).
3. Christopher M. Bruner, ‘Power and Purpose in the Anglo-American corporation’, Virginia Journal of International Law, Vol. 50(3), p. 599.
4. Francis v. New Jersey Bank, 432 A 2d 814 (NJ 1981).
5. In Re Walt Disney Co. Derivative Litigation, Del. Ch. 2003.