Shareholder Access to the Corporate Ballot
Edited by Lucian Bebchuk
How much power should shareholders have in publicly traded companies? To what extent should boards of directors be insulated from shareholder intervention? In a recent debate, which drew substantial public interest, supporters and opponents of increasing shareholder power clashed over whether shareholders should be able to place director candidates on the company's ballot. The fierce debate reflected the substantial disagreement that exists over the allocation of power between boards and shareholders.
In this book, leading scholars and practitioners debate whether shareholders should have access to the corporate ballot, as well as the broader corporate governance that firms and shareholders face. The participants include prominent academics, public officials, and practitioners in law and business, and they offer a wide range of perspectives and views. The arguments that they use and develop are ones that will continue to play a critical role in the ongoing debate about how publicly traded companies should be run.