Document Type

Article

Comments

Subsequently published in Corporate Governance Advisor, Vol. 11, 2003, 17-19.

Abstract

In recent work, we presented evidence indicating that staggered boards have adverse effects on target shareholders. John Wilcox, the Vice-Chair of Georgeson recently published a critique of our work, urging shareholders to support staggered boards. In this paper we respond to Wilcox's critique and explain why it does not weaken in any way our analysis of staggered boards.

Date of Authorship for this Version

February 2003

Keywords

corporate governance