The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu The leading online blog in the fields of corporate governance and financial regulation. Sun, 07 Jun 2026 11:30:27 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.8 https://corpgov.law.harvard.edu/wp-content/uploads/2024/02/cropped-photography-4-e1706898544564-1-32x32.png The SEC: Gatekeeper of Shareholder Rights? – The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu 32 32 The SEC: Gatekeeper of Shareholder Rights? https://corpgov.law.harvard.edu/2007/10/12/the-sec-gatekeeper-of-shareholder-state-law-rights/?utm_source=rss&utm_medium=rss&utm_campaign=the-sec-gatekeeper-of-shareholder-state-law-rights https://corpgov.law.harvard.edu/2007/10/12/the-sec-gatekeeper-of-shareholder-state-law-rights/#comments Fri, 12 Oct 2007 20:21:29 +0000 http://blogs.law.harvard.edu/corpgov/2007/10/12/the-sec-gatekeeper-of-shareholder-sta?d=20071012162129EDT Editor’s Note: The following post is from J. Robert Brown, Jr., University of Denver Sturm College of Law, and Sandeep Gopalan, Arizona State University Sandra Day O’Connor College of Law. Lynn Stout discussed her Wall Street Journal op-ed on the SEC’s upcoming vote in a post available here. Lucian Bebchuk recently posted here on a comment letter on these proposals submitted to the SEC by thirty-nine law professors.

Professor Lynn Stout recently published an op-ed in the Wall Street Journal entitled Corporations Shouldn’t Be Democracies. The piece opposes shareholder access to the proxy for the adoption of election-related bylaws and urges the Commission to adopt a proposed rule that would eliminate such access. (One of us has explained our opposition to the no-access proposal in a comment letter submitted by the Race to the Bottom Blog.) The absence of concrete data in the piece exemplifies the difficulty opponents have had in developing credible positions against shareholder access.

(more…)

]]> https://corpgov.law.harvard.edu/2007/10/12/the-sec-gatekeeper-of-shareholder-state-law-rights/feed/ 1