Does Shareholder Democracy Equal Federal Control?
Prof. Ribstein has a characteristically thoughtful post, including links to other sources, that discusses SEC activity regarding shareholder democracy matters. Why am I including this on a blog about Delaware law? The good professor explains more eloquently than I, that such efforts are often thinly-veiled attempts to have the camel of federal control place its nose in the tent of corporate law dominance by the states. Thus, Delaware needs to watch this debate closely. Here is the link: Ideoblog: Alan Murray on "shareholder democracy"
