Open Access. Powered by Scholars. Published by Universities.®
- Discipline
- Publication Type
Articles 1 - 3 of 3
Full-Text Articles in Securities Law
Disciplining Corporate Boards And Debtholders Through Targeted Proxy Access, Michelle M. Harner
Disciplining Corporate Boards And Debtholders Through Targeted Proxy Access, Michelle M. Harner
Indiana Law Journal
Corporate directors committed to a failed business strategy or unduly influenced by the company’s debtholders need a dissenting voice—they need shareholder nominees on the board. This Article examines the biases, conflicts, and external factors that impact board decisions, particularly when a company faces financial distress. It challenges the conventional wisdom that debt disciplines management, and it sug-gests that, in certain circumstances, the company would benefit from having the shareholders’ perspective more actively represented on the board. To that end, the Article proposes a bylaw that would give shareholders the ability to nominate direc-tors upon the occurrence of predefined events. Such …
Owning Stock While Making Law: An Agency Problem And A Fiduciary Solution, Donna M. Nagy
Owning Stock While Making Law: An Agency Problem And A Fiduciary Solution, Donna M. Nagy
Articles by Maurer Faculty
No abstract provided.
Restrictions On The Alienation Of Shares Of Stock
Restrictions On The Alienation Of Shares Of Stock
Indiana Law Journal
No abstract provided.