August 1, 2003
Center for Business and Government, John F. Kennedy School of Government
The SEC is now considering a proposal to require public companies to include in their proxy materials candidates for the board nominated by shareholders. Providing such shareholder access to the corporate ballot, the author argues, would improve corporate governance. Analyzing each of the objections that have been raised against such shareholder access, the author concludes that none of them provides a good basis for opposing shareholder access. The case for shareholder access is strong.
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