Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.


Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

Four Lessons, and One Basic Rule, From the DuPont Battle

for DeAnnInnumerable breathless commentaries aside, there are simple lessons to learn from the DuPont-Trian proxy battle witnessed earlier this spring. Before we get to them, let’s touch on the cardinal rule of all corporate board elections.

As an astute elected official confided in us decades ago, all political elections for chief executive officers—whether president, governor, or mayor—are actually referenda on the incumbents more than tests of the challengers.

So, too, all activist battles are foremost referenda on the target companies. Everything else—from the importance...

Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.