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Corporate & Securities Law

: BusinessAssociationsBlog.com

Shareholder Access and American Exceptionalism

By Stephen Bainbridge

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Jay Brown approvingly quotes former SEC Chairman Arthur Levitt: All 40 of the largest markets outside of our own give shareholders the ability to nominate and remove directors. By reversing its decision from last year, this new SEC will make it very clear that it is not only at full strength, but strongly on the side of investors. It will show the world that the U.S. takes shareholder democracy...

[continued on site]

Full post as published by BusinessAssociationsBlog.com on July 04, 2008 (boomark / email).

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