Would the following initiatives improve corporate governance? Can you think of others that would? Shareholder proposals: require

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  • Would the following initiatives improve corporate governance? Can you think of others that would?
  • Shareholder proposals: require the board of directors to implement shareholder proposals that receive a majority vote
  • Proxy access: as proposed by the SEC
  • Majority vote: prohibit boards of directors from seating directors who fail to receive a majority vote of shares cast
  • Compensation: base compensation on the company’s growth in earnings compared with those of its competitors, not just increases in earnings (that might be caused by a general market rise)
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Business Law and the Legal Environment

ISBN: 978-1133587491

5th edition

Authors: Jeffrey F. Beatty, Susan S. Samuelson

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