The University of Delaware awarded an honorary doctor of laws degree to Alfred D. Chandler Jr., the Isador Strauss Professor of Business History, Emeritus, recognizing him as "the world's foremost business historian." The citation noted Chandler's role as the preeminent authority on the evolution of the modern corporation. A Delaware native, Chandler was in Wilmington to attend the Business History Conference, an association of business historians, where he received the organization's first Lifetime Achievement Award.

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