You’re reading this because you’re interested in improving corporate governance. It’s also pretty safe to believe that you are pleased with the sections of the almost final financial regulation bill that are intended to improve proxy access for minority shareholders. I hope that this means that you are also bemused and concerned by the recent […]
Tag Archives | Martin B. Robins
Directors Elected Through Proxy Access
James McRitchie, 07/01/2010 ,
With the enactment of the financial regulation bill with its drastic improvement in proxy access terms appearing imminent, it is important to reflect on how corporate governance devotees need to respond. Specifically, we need to acknowledge that enhanced access is only one step –albeit a huge step – of the journey toward better governance, and […]
Stoneridge Should Stand
James McRitchie, 06/21/2010 ,
Rep. Frank undermines the effort to improve governance with his effort to include in the financial regulation bill a bonanza for the plaintiffs’ securities bar provided by a reversal of the Supreme Court’s Stoneridge decision [discussed in WSJ lead editorial of 6-18-10, Reforming Main Street]. As a transactional lawyer who dealt with the consequences of […]
Require Affirmative Proof in Specified Circumstances of "Too Big to Fail Companies" in Order to Meet the Business Judgment Rule
James McRitchie, 04/22/2010 ,
“There is no such thing to my mind as an innocent stockholder. He may be innocent in fact, but socially he cannot be held innocent. He accepts the benefits of the system. It is his business and his obligation to see that those who represent him carry out a policy which is consistent with public […]