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April 12, 2012
In The Economist: Shareholders Get Serious. Corporate Governance No Longer A Joke. Dang.
Power to the Shareholders and all that--but Shareholder Rights is still an expensive, unforgiving and tortuous hell for many well-meaning Boards. Active SHs often tend to be powerful--or whack-jobs with too much time to kill. Not much in between. See "Heating up: Shareholders are ever more willing to vote against management".
Posted by JD Hull at April 12, 2012 03:52 PM