Now that the election is over, get ready for a deluge of predictions on the coming wave of corporate governance legislation and regulation.
Fair enough; with governance tagged as one of the market guardrails that broke, allowing the economy to go over a cliff, politicians and pundits can’t help but draw up blueprints for substantial intervention. But we’ve been warning in this column for months about the likelihood of legislated ‘say on pay’ and such. So this time we want to spotlight how the new Congress and President might rock your boardroom from a direction few expect: a dusty corner ...