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April 19, 2014

Does Majority Voting Improve Performance?

I’ve railed against the lack of analytical clarity with respect to so-called “majority vote” regimes. See Jeremy Bentham – Present But Not Voting.

Professor Stephen Bainbridge recently called attention to dueling academic studies that reach opposite conclusions regarding the value of implementing majority voting:  Majority voting for directors and the problem with empirical legal “scholarship”.

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About the Author

Keith Paul Bishop, Business Attorney, Allen Matkins Law Firm
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Keith Paul Bishop is a partner in Allen Matkins' Corporate and Securities practice group, and works out of the Orange County office. He represents clients in a wide range of corporate transactions, including public and private securities offerings of debt and equity, mergers and acquisitions, proxy contests and tender offers, corporate governance matters and federal and state securities laws (including the Sarbanes-Oxley Act of 2002 and the Dodd-Frank Act), investment adviser, financial services regulation, and California administrative law. He regularly advises clients on compliance,...

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