In other corporate governance news, Stephen Bainbridge has just released a paper, Corporate Governance and U.S. Capital Market Competitiveness -- a topic near and dear to my heart. Steve's conclusion: "litigation and regulatory reform remain essential if U.S. capital markets are to retain their leadership position. Unfortunately, the article concludes that federal corporate governance regulation follows a ratchet effect, in which the regulatory scheme becomes more complex with each financial crisis. If so, significant reform may be difficult to achieve."
Bainbridge: Corporate Governance and Capital Markets Competitiveness
- Proxy Monitor: Potential Influence of ISS over Shareholder Votes
- New Proxy Monitor Report: Will alarming trends in shareholder activism continue in 2012?
- Hans Bader on EU's proposed gender quotas for corporate boards
- Moving forward with FCPA reform efforts
- Around the web, October 31
- Johnson & Johnson lawsuit thrown out
- Harvey Pitt and Proxy Monitor 2011; say on pay
- Around the web, August 16
- Breaking: DC Circuit strikes down SEC proxy access rule
- "Why Proxy Access (SEC Rule 14a-11) is Harmful to Corporate Governance"
- Around the web, May 23
- New Proxy Monitor Finding on Executive Compensation
- Merger lawsuits
- Around the web, February 13
- "Rules for Growth: Promoting Innovation and Growth Through Legal Reform"