In the wake of the Enron meltdown and other corporate scandals, the United States has increasingly relied on Securities and Exchange Commission oversight and the Sarbanes-Oxley Act, which set tougher rules for boards, management, and public accounting firms to protect the interests of shareholders. Such reliance is badly misplaced. In Corporate Governance, Jonathan Macey argues that less government regulation -- not more -- is what's needed to ensure that managers of public companies keep their promises to investors....
Jonathan Macey on corporate governance
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- New Proxy Monitor Report: Will alarming trends in shareholder activism continue in 2012?
- Hans Bader on EU's proposed gender quotas for corporate boards
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- Harvey Pitt and Proxy Monitor 2011; say on pay
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- Breaking: DC Circuit strikes down SEC proxy access rule
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- "Why Proxy Access (SEC Rule 14a-11) is Harmful to Corporate Governance"
- SEC whistleblower rules
- Around the web, May 23
- "Whatever Happened to IPOs?"
- New Proxy Monitor Finding on Executive Compensation
- Merger lawsuits
- Around the web, February 1