Shareholder democracy in Canada
|Area||Corporate Finance and Securities|
Article originally published in the Canadian Lawyer Magazine, April 2013
Excerpt from "Shareholder democracy in Canada":
Democracy is not easy. Not a tremendous insight on my part, and typically inelegantly expressed, but fairly indisputable. The statement is truer still in relation to shareholder democracy, which adds complications such as trading of voting rights, questions as to whether those exercising voting power should have responsibility to act not only in their own best interests but in the interests of others, and uncertainty as to who holds the right to vote.