Electing directors with consequences – Methods for board of directors elections matter
$225.00
Description
Abstract: The system a company uses to elect directors can significantly affect whether the board is truly responsive to the shareholders it represents. Recently, the Council of Institutional Investors (CII) reviewed the various voting methods and concluded that the only approach with “teeth” is “consequential majority voting.” This article summarizes the CII findings and includes a sidebar on the use of professional board members.
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