What's Wrong with Shareholder Empowerment?
Bernard S. Sharfman
Abstract
Bernard S. Sharfman
Abstract
In his keynote address at the Journal of Corporation Law spring banquet (March 8, 2012), Mr. Sharfman discusses the negative impact shareholder empowerment has on the efficiency of decision making at public companies. Shareholder empowerment is the shifting of decision making from the board of directors and executive management to shareholders.
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In his keynote address at the Journal of Corporation Law spring banquet (March 8, 2012), Mr. Sharfman discusses the negative impact shareholder empowerment has on the efficiency of decision making at public companies. Shareholder empowerment is the shifting of decision making from the board of directors and executive management to shareholders.
Key concepts: Shareholder, Corporation, Empowerment, Business, Corporate governance, Corporate law, Banquet, Accounting