Business, Management and Accounting
4 years ago

Traditionalist investors skeptical of proposal to increase shareholder power in corporations

Harvard Law Review
Toward a True Corporate Republic: A Traditional Response to Lucian's Solutions for Improving Corporate America
Leo E. Strine

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The article discusses a proposal to give shareholders more power in corporate decision-making. Traditionalist investors may not support this proposal, so a different approach is suggested to increase shareholder influence. The goal is to improve the integrity and performance of American companies by allowing shareholders to challenge poorly performing boards.