Will The New Shareholder-Director Exchange Achieve Its Potential?

The Harvard Law School Forum on Corporate Governance and Financial Regulation 2014-02-13

Summary:

Editor's Note: Carl Icahn is the majority shareholder of Icahn Enterprises. The following post is based on a commentary featured today at the Shareholders' Square Table.

The recent announcement of the formation of the Shareholder-Director Exchange, a new group that aims to facilitate direct communication between institutional shareholders (namely, mutual funds and pension programs) and non-management directors of the U.S. public companies they own, has been accompanied by a flurry of articles regarding the purposes and possibilities of this new group. From my perspective, the Shareholder-Director Exchange has tremendous potential to help improve corporate governance and performance in this country.

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Link:

http://blogs.law.harvard.edu/corpgov/2014/02/13/will-the-new-shareholder-director-exchange-achieve-its-potential/

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boards of directors institutional investors practitioner publications carl icahn entrenchment general governance icahn enterprises long-term value management poison pills shareholder activism shareholder rights short-termism

Authors:

Carl Icahn, Icahn Enterprises,

Date tagged:

02/13/2014, 13:00

Date published:

02/13/2014, 09:35