California Corporate & Securities 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...

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...