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Nell Minow
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But none of that could happen unless approved by a majority of the shareholders. The absence of that option is very "concerning" for the providers of capital in a system where directors continue to serve even after a majority of the shareholders vote against them.
So, how, exactly, is that concern warranted? Isn't the risk greater from the current system that hobbles any effective shareholder oversight, resulting in two separate sets of financial catastrophes in the last decade?
Roundtable and Chamber Sore Losers
Somewhat predictably, as if swimming against the tide were second nature, the Business Roundtable and the US Chamber of Commerce have combined to launch a law suit to both block the SEC’s proposed rulemaking on proxy access and, as if that weren’t arrogant enough, to prevent any further attempts...
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