Another round in the proxy access debate coming our way?
In late 2007 I was blogging here about proxy access rules then under considerationby the Securities and Exchange Commission.
At that time, the SEC adopted the narrowest of the access rules it had under consideration, making life more difficult for shareholder activists seeking change in the election procedures.
It now appears (judging from a story Reuters carried Friday, while Congress continued its struggles with a stimulus bill) that with the new administration we might get a revival of this argument with special emphasis on "sharehlder democracy" as a tool for limiting CEO pay.
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This blog is about struggles for the control of corporations. For the most part, I'll focus on public corporations headquartered in the United States, issuing securities according to the rules stipulated by the SEC in Washington and (typically) governing their affairs by the laws and judicial decisions of the state of Delaware. My own prejudices are ... well, I think I'll let you work them out as we proceed day to day.
Blog Archive
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2009
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February
(16)
- Three brief items
- PL Capital and BARI
- Sun-Times Media Group
- The David Bowie theory of the recession
- The mellow lifestyle of extreme stores?
- A household name, and a yummy one
- Chapter 11 avoidance actions
- The next big thing
- Cleveland IT Contractor negotiating w/Ramius
- Selectica Goes Nuclear?
- PS IV not the "roach motel" after all.
- Proxy access
- Bless the Cassandras
- Roche and Genentech
- Indian Film Company: Dispute Resolved
- The Buffett "cult"?
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February
(16)
About Me
- Christopher
- Born in 1958, on the western side of the Tappan Zee, vocal at once, literate soon enough, and curious always. Mastodon
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