Response or Comment
A striking feature of corporate governance law reform is the steady flow of new controversies and consequential regulatory proposals.
Corporate law has spawned a governance reform industry that has become adept at feeding itself, most often with regulatory initiatives that are, at best, symbolic – as outlined by Marcel Kahan and Edward Rock, they certainly cannot be explained by their relevance to improving either corporate governance or performance.
Waitzer, Edward and Sarro, Douglas, "Waitzer, Sarro – Corporate Law Reform: Focusing on Issues that Matter" (2019). Editorials and Commentaries. 190.