Lest it be thought that Congress ignoring the business lobby
would result in laws capable of reforming corporate governance in the U.S. in
the interest of stockholders, even putting the “objectionable” stuff back into
legislation may not be sufficient. In this essay, I look at the proposed
elimination of plurality voting in the original Dodd-Frank bill from the
perspective of the case of HP. Put simply, the question is whether it would have
made any difference had the proposal been retained in the bill.
The full essay is at Institutional Conflicts of Interest, available in print and as an ebook at Amazon.
