Optional Cumulative Voting & Staggered Terms of Directors: Is the California Climate Warming to Corporations

Authors

Susan A. Rose

Library of Congress Authority File

http://id.loc.gov/authorities/names/n79122466

Document Type

Comments

Abstract

Historically, California's legislature has stood steadfastly behind policies designed to protect shareholders and creditors, at the expense of corporate management, in the development of the state's corporation laws. At the same time, other jurisdictions, primarily Delaware, have adopted less restrictive corporation laws to make their states attractive corporate domiciles. After decades of watching corporations flock to other states to incorporate, the California legislature decided to act. Recent legislation suggests that California has made a concerted effort to provide a hospitable environment for corporations.

Recommended Citation

Susan A. Rose, Optional Cumulative Voting & Staggered Terms of Directors: Is the California Climate Warming to Corporations, 27 San Diego L. Rev. 467 (1990).
Available at: https://digital.sandiego.edu/sdlr/vol27/iss2/8