Democratizing Pension Funds
Corporate Governance and Accountability
- Publisher
- UBC Press
- Initial publish date
- Jan 2009
- Category
- Pension Law, Corporate
-
eBook
- ISBN
- 9780774858311
- Publish Date
- Jan 2009
- List Price
- $34.95
-
Paperback / softback
- ISBN
- 9780774813983
- Publish Date
- Jan 2009
- List Price
- $34.95
-
Hardback
- ISBN
- 9780774813976
- Publish Date
- May 2008
- List Price
- $95.00
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Description
This book will spark a debate concerning the need for democracy and accountability in the governance of trillions of dollars of plan members’ pension plan assets and the legitimacy of the present, mostly unaccountable, corporate governance decisions made by these plans. The author analyzes the reasons for this passivity, pointing to conflicts of interest with respect to corporate governance activity in pension plans and also to limitations in corporate, securities, and pension law. He argues that plan members should be given a voice in pension plan governance and the plans made accountable, and he outlines the legal reforms necessary.
About the author
Contributor Notes
Ronald B. Davis is an associate professor in the Faculty of Law at the University of British Columbia.