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Democratizing Pension Funds: Corporate Governance and Accountability
Contributor(s): Davis, Ronald B. (Author)
ISBN: 0774813989     ISBN-13: 9780774813983
Publisher: University of British Columbia Press
OUR PRICE:   $36.05  
Product Type: Paperback
Published: January 2009
Qty:
Temporarily out of stock - Will ship within 2 to 5 weeks
Additional Information
BISAC Categories:
- Law | Pension Law
Dewey: 332.672
LCCN: 2015490874
Physical Information: 0.7" H x 5.9" W x 8.9" (0.80 lbs) 268 pages
 
Descriptions, Reviews, Etc.
Publisher Description:

This book will spark a debate concerning the need for democracy and accountability in the governance of trillions of dollars of plan members' pension plan assets and the legitimacy of the present, mostly unaccountable, corporate governance decisions made by these plans. The author analyzes the reasons for this passivity, pointing to conflicts of interest with respect to corporate governance activity in pension plans and also to limitations in corporate, securities, and pension law. He argues that plan members should be given a voice in pension plan governance and the plans made accountable, and he outlines the legal reforms necessary.