What we have in our current state of Corporate Governance is Kabuki Theater.
Myths of Corporate Governance
The American Economy is a corporate system, in the sense that control of the economic factors of production and distribute is vested largely in the handful of privately appointed corporate managers.
Dual Class Ownership
A couple of years ago I posted a video proposing multiple-class stock as a way to empower owners and hold management to account. Now seems like a good time to discuss the downside of dual-class or multiple-class stock because there have been some recent high profile offerings that bring…
