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Corporate & Securities Law

: BusinessAssociationsBlog.com

Governance and Financial Results in a Time of Crisis

By Stephen Bainbridge

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The shareholder activist crowd would like you to believe that good corporate governance practices, as defined by people like Lucian Bebchuk and ISS, are correlated with positive financial results. Jeff Lipshaw is a self-admitted skeptic: Back when I was fighting the governance wars from the inside, arguing from the board’s standpoint why having poison pills and classified boards made...

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Full post as published by BusinessAssociationsBlog.com on October 13, 2008 (boomark / email).

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