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    Suing The CEO For Social Activism Is Likely To Be Challenging Under Nevada Law

    Yesterday's post concerned asked the question whether shareholders can sue CEOs for social activism.  The answer is of course, yes.  The more interesting question is whether shareholders will win the suit.  To answer that question, one must first...

    Nevada Corporations, officer liability, business judgment rule, CEO, NRS 78.138, other constituency statute, social activism

    Another "Best Practices" May Not Be Best After All

    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...

    Harvard Shareholder Rights Project, proxy advisor, Roberta Romano, Corporate Governance, CEO, chairman of the board, John Coates