May 22, 2009
The New SEC Rule on Shareholder Voting: Make it Discretionary
The new SEC rule on shareholder voting may be good policy for individual firms, but is it a good mandatory rule for all publicly traded firms. No. The better rule is one that asks all publicly traded firms to vote periodically on their shareholder voting procedure; do the shareholders want the SEC rule or not.
May 22, 2009 | Permalink
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