A step toward ending the biggest problem in American corporate governance: the disconnect between corporate boards and corporate owners (shareholders) ...
The Securities and Exchange Commission voted 3 to 2 on Wednesday to make it easier for shareholders to nominate directors to sit on corporate boards, addressing concerns that boards often fail to conduct effective oversight of executives' decisions.
For more, see SEC Votes to Allow Proxy Access by Zachary Goldfarb, August 25, 2010, at The Washington Post.
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