The Delaware Corporation Code Allows the Certificate of Incorporation to Include

question 62

True/False

The Delaware Corporation Code allows the certificate of incorporation to include a provision limiting or eliminating the personal liability of directors to the corporation or to its shareholders for monetary damages for breach of the duty of loyalty.

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Definitions:

Arthur W. Page

A pioneer in corporate public relations who established the principles for effective corporate communications.

Corporate Social Responsibility

is a business model in which companies integrate social and environmental concerns in their operations and interactions with stakeholders.

Corporate Public Relations

The practice of managing and disseminating information between a corporation and the public to foster a positive image and a strong relationship with stakeholders.

Page Principle

A set of public relations principles that emphasize the importance of building trust, proving actions with deeds, and communicating effectively.