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hello im kirk hanson executive director of the Mark Ellis Center for applied ethics at Santa Clara University we are very privileged today to have with us chief justice Myron Steele of the Delaware Supreme Court Chief Justice Steele has been in office as chief justice since 2004 and on the Supreme Court since the year 2000 prior to that he served on the Chancery Court the corporate governance Court of Delaware and even prior to that on a number of other courts at other levels within Delaware his extensive experience gives him a special standing to talk to us about corporate governance and corporate responsibility Chief Justice thank you for being with us Id like to explore sort of the foundations of Delaware law around corporate responsibility and the the duties of directors and others it fiduciary responsibilities is the core concept can you tell us a little bit about why thats the foundation of Delaware law sure let me begin with the fact that the Delaware General Corporation law