과거 미국의 회사 규모가 작고 이사회와 대주주의 분화가 아직 덜 되었을 시기에는 경영 판단 원칙의 적용이 불필요했다.
In the past, when the size of companies in the US was small and the division between the board of directors and major shareholders was still less processed, the application of the management judgment principle was unnecessary.