Saturday, February 24, 2007

Professor Subramanian Replies....

Professor Guhan Subramanian (Harvard) honors us with a response to my February 14 comments on hisBook1250 New York Times op-ed proposal that public companies should eliminate charter-based staggered boards, yet retain the staggered board (which he claims to have shareholder benefits over annually-elected boards) through a provision in the bylaws (which, by the way, the shareholders could eliminate without the board's consent).

Have a look!

[Jeff Lipshaw]

http://lawprofessors.typepad.com/legal_profession/2007/02/professor_subra.html

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