The best hope to change this situation is to
allow shareholders the power to move the state of incorporation of public companies from one state to another.
But I don't pretend for a moment that
more shareholder power — desirable though that is — will do more than scratch the surface of the inequalities of income and wealth, and the justified sense of social injustice which has grown in the last few decades of boom and bust.
«Nobody doubts that Stephen Hester has done some important things at RBS, but what this award shows is David Cameron's promises about reining - in excessive bonuses at state - owned banks or
using shareholder power have proved to be utterly worthless.»
This is going to be an office, if I'm lucky enough to win, where we can do so much,» Spitzer said,
citing shareholder power, corporate governance, protecting pensions and investing city money.
The Law of
Majority Shareholder Power (edited by David Chivers QC and Ben Shaw, OUP, 2008): author of the chapters on introducing compulsory transfer provisions into a company's articles and on derivative claims.
One boon for shareholders for next year's annual meeting: SEC rules that went into effect earlier this week will allow shareholders to change company's governance procedures when it comes to director nominations, which could
give shareholders power to nominate directors.
Ceri is also a contributor to the «The Law of Majority
Shareholder Power» and «Corporate Finance Law in the UK and EU», both published by Oxford University Press.