Small business of-interest best practices board of directors …… shareholders and governance.
Excerpt…….The proposals urge companies with a staggered board, which allow shareholders to replace only a few directors each year, to place all board members up for election every year. Such a move to annual elections is viewed by investors as a best practice of corporate governance. By enabling shareholders to register their views on all directors each year, annual elections make boards more accountable to shareholders
Read full article……via Giving Shareholders a Voice — The Harvard Law School Forum on Corporate Governance and Financial Regulation.
