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- Title
USING DISCLOSURE TO ACTIVATE THE BOARD OF DIRECTORS.
- Authors
WEISS, ELLIOTT J.; SCHWARTZ, DONALD E.
- Abstract
The article suggests the need for the U.S. Securities and Exchange Commission (SEC) to require reporting companies to disclose more information about their board of directors. It proposes a disclosure system in which the SEC would require disclosure of information about individual nominees for election as directors, the procedures and criteria for selecting the nominees, the boards' organization and activities, and the reasons for all board resignations. The article emphasizes the need to improve the performance of corporate boards and to ensure that information about the boards of directors that is potential pertinent to investment decisions is made available to the public.
- Subjects
UNITED States; UNITED States. Securities &; Exchange Commission; BOARDS of directors; FINANCIAL disclosure; DISCLOSURE; INVESTMENT analysis
- Publication
Law & Contemporary Problems, 1977, Vol 41, Issue 4, p63
- ISSN
0023-9186
- Publication type
Article
- DOI
10.2307/1191260