WebApr 26, 2024 · In order to compel Ford Motor Company (FMC) to pay the special dividend demanded by the Dodge Brothers, the Michigan Supreme Court had to hold that Ford … WebDec 1, 2024 · Dodge v. Ford is one corporate law’s iconic decisions, regularly taught in law school and regularly cited as one of corporate law’s core shareholder primacy …
Dodge v. Ford Motor Co. Case Brief for Law School
WebDec 22, 2024 · In Dodge v. Ford Motor Co., the Michigan Supreme Court ordered Ford to pay an extra dividend. But it simultaneously undercut the principle of shareholder primacy by affirming what’s now known as the business judgment rule, which gives boards of directors wide latitude to decide what’s in the best interest of the corporation. Henry Ford in 1921. WebDodge v. Ford Motor Co. (1919). In The Modern Corporation and Private Property, published in 1932, Adolph Berle and Gardiner Means provided important intellectual support for the shareholder value norm. In this now classic book, the authors called attention to a new phenomenon affecting corporations in the United States at the time. They noted ... mikey williams eybl
A written summary of the case: Dodge v. Ford Motor Company.
WebDodge v. Ford Motor Company, 170 N.W. 668 is a case in which the Michigan Supreme Court held that Henry Ford owed a duty to the shareholders of the Ford Motor Company to operate his business to profit his shareholders, rather … WebDODGE et al. v. FORD MOTOR CO. et al. No. 47. Supreme Court of Michigan. Feb. 7, 1919. Appeal from Circuit Court, Wayne County, in Chancery; George S. hosmer, judge. … WebThe Case of Dodge V Ford Motor Co. Plaintiff shareholders Dodge brought a case against Ford Motor to force the defendant to pay more dividends and change their business decisions. Defendant Corporation had dominated the car manufacturing industry when the case was initiated. The company sold vehicles at$900, then mikey williams basketball stats