Latham's Nathan on why governance is like religion
Uploaded on May 14, 2010 / 51 views / 65 impressions / 0 comments
Description
Latham & Watkins LLP partner Charles Nathan is as close to a
corporate governance heretic as they come. He calls proxy
statements "a totally useless destruction of forests" and corporate
governance "a big conceptual dead end." In fact, he says, with no
empirical evidence to prove that "so-called" good governance
practices improve corporate performance, the entire governance
complex runs on little more than faith