Corporate governance law in the United States is primarily governed by state law, with each state having its own set of statutes and regulations that govern the formation and operation of corporations. The most important state law is the corporation code of the state in which the corporation is incorporated. In addition to state law, there are also federal laws that apply to corporations, such as securities laws and tax laws. Some of the key principles of corporate governance in the US include the fiduciary duty of directors and officers to act in the best interests of the corporation and its shareholders, and the requirement for transparency and disclosure in financial and other information.
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