My advice to Directors: get out the vote!
EVER since the folks at Risk Metrics asked me several weeks ago to write something for directors about communicating with shareholders, I’ve been struggling to put down my thoughts in some sort of coherent form. The problem, you see, is that I don’t think there’s anything directors can do. Communication is not enough. PR and [...]
An analogy that's hard to miss
WHERE can you legally stuff the ballot boxes with votes from people who do not actually cast ballots? Where can you cling to your position by having those votes push you to a majority? Why, in America, of course. This happens in elections of corporate directors under something called broker non-votes, which the New York [...]
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