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Corporate

Oct. 29, 2014

Newly public companies adopting contentious governance practices

Taking advantage of historically lighter scrutiny, newly public companies are embracing defensive corporate governance structures known to attract shareholder criticism, according to a new report from Paul Hastings LLP.


By Dominic Fracassa


Daily Journal Staff Writer


Flocks of newly public companies are embracing defensive corporate governance structures known to attract shareholder criticism, according to a new report from Paul Hastings LLP.


The report, released earlier this month, found that a majority of companies en route to initial public offerings adopted management-friendly policies related to how boards of directors are elected and serve out their ter...

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