Becker, Bo; Bergstresser, Daniel; Subramanian, Guhan - In: Journal of Law and Economics 56 (2013) 1, pp. 127-127
We use the Business Roundtable’s challenge to the Securities and Exchange Commission’s (SEC’s) 2010 proxy access rule as a natural experiment to measure the value of shareholder proxy access. We find that firms that would have been most vulnerable to proxy access, as measured by...
