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Thursday, July 6, 2017

Index Eligibility as Governance Battlefield: Why the System is Not Broken and We Can Live With Dual Class Issuers

http://bit.ly/1BYsw4X

Posted by Ethan A. Klingsberg, Cleary Gottlieb Steen & Hamilton LLP, on Wednesday, July 5, 2017 Editor’s Note: Ethan A. Klingsberg is a partner in the New York office of Cleary Gottlieb Steen & Hamilton LLP. This post is based on a Cleary Gottlieb publication by Mr. Klingsberg. Related research from the Program on Corporate Governance includes The Untenable Case for Perpetual Dual-Class Stock by Lucian Bebchuk and Kobi Kastiel (discussed on the Forum here). As passive investing via funds that ..  show all text
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@manifestproxy: Index Eligibility Governance "Battlefield" sums up problem with #corpgov today – no respect for capital providers bit.ly/2tqSDWM
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