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For years, I’ve been critical of governance experts who promote “best practices” without any basis that these practices are actually effective, much less the best. For example, the Harvard Law School’s Shareholder Rights Project undertook to push numerous companies to eliminate their staggered boards. Two former SEC Commissioners took the Harvard SRP to task for advancing shareholder…
The post Another “Best Practices” May Not Be Best After All appeared first on CALIFORNIA CORPORATE & SECURITIES LAW.
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