Comment by Robert S. Frenchman
This Comment first explores the origins of the proxy system and generally discusses its theoretical and practical aspects. It also addresses the practical and legal disincentives to shareholder monitoring that exist in the current proxy system. A detailed discussion of the proposals and recent amendments to the federal proxy rules follows. Finally, this Comment critically analyzes some contentions of various critics and proponents of the recent proxy regulation revisions to determine whether the Commission has chosen an appropriate course of regulatory action.
About the Author
Robert S. Frenchman. Judicial Law Clerk to the Honorable Nauman S. Scott, United States District Court, Western District of Louisiana. A.B., Bowdoin College, 1989; J.D., Tulane University, 1993.
Citation
68 Tul. L. Rev. 161 (1993)