Mind Your Own Business!

Type: Think Pieces Written by Elaine Sternberg | Wednesday 20 June 2012

We need a real market for corporate control, argues Elaine Sternberg. Private firms may have good reason to pay their executives highly, and shareholder sovereignty should be protected. The most important thing the government can do is to remove state restictions on shareholder power — and stop meddling in how private companies are run.