There's the explosion of for - profit charter school companies that run what are supposed to be public schools that serve students and communities not out of state corporations and their shareholders. (ncpolicywatch.com)
[12] State corporation statutes of the period, however, merely established the one share - one vote principle as a default rule. (professorbainbridge.com)
In the first place, most state corporation statutes do not require directors to put shareholders first. (hbr.org)