28 décembre 2015

« Who should pick corporate directors? »

Stephen Bainbridge | ProfessorBainbridge.com

« Yvan Allaire and François Dauphin cogently analyze the costs and risks of proxy access, arguing that « Anyone believing that this process is likely to produce stronger boards in the long run needs to consider anew the calculus of current and prospective board members, the actions, likely dysfunctional, of people facing the humiliation (and economic loss) of an electoral rejection. »