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Corporate Governance Reforms Shouldn't Weaken Directors' Role

Posted:
10/29/2004
Services:
Commercial Litigation, Corporate Governance

Katayun I. Jaffari, an Associate in the Business and Finance Department in the Philadelphia office and a member of the Corporate Governance Practice Group, co-wrote this article for Legal Backgrounder, published by the Washington Legal Foundation.

The article summarizes a number of Securities and Exchange Commission (SEC) proposals that seek to transfer corporate governance responsibilities from corporate directors to shareholders. The article makes the case that the SEC proposals are an overreaction to recent highly publicized corporate governance scandals and should not be implemented.

To read the full article click the link below.