A Gadfly's Perspective on 'Gadflies at the Gate'
9 Pages Posted: 4 Sep 2016 Last revised: 7 Sep 2016
Date Written: September 2, 2016
In the 2016 proxy season I became a corporate gadfly. This article makes explicit and expands on certain benefits touched on in Larcker & Tayan (2016); and urges the U.S. Securities and Exchange Commission to proceed with caution in judging the merit of shareholder proposals from individual proponents based on the outcome of the shareholder vote.
Keywords: Shareholder Proposals, Activism, Corporate Governance, Regulation
JEL Classification: G30, G34, G38
Suggested Citation: Suggested Citation