Forced Corporate Takeovers

In many instances, corporate proxies may make it easier for hostile takeovers. It is not always true that making it easier to foster corporate takeovers, is in the best interests of all stockholders.

The objectives of many of the takeovers are often solely for quick, short-term profits. That may not be the long-term interest of the corporation or most of its shareholders.

Yet, much of the legislative pressure in Washington from the administration has been to accomplish this purpose.

This does little for corporate democracy. It does help reimburse party and lobbyist funding.(See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)