NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Does Shareholder Proxy Access Improve Firm Value? Evidence from the Business Roundtable Challenge

Bo Becker, Daniel Bergstresser, Guhan Subramanian

NBER Working Paper No. 17797
Issued in February 2012

---- Acknowledgements -----

We are grateful for comments and suggestions from Renee Adams, Lucian Bebchuk, John Coates, Jesse Fried, Robin Greenwood, Joe Grundfest, Marcel Kahan, Don Langevoort, Nell Minow, Ed Rock, Mark Roe, Andrei Shleifer, Robert Thomas, Joshua White and seminar participants at Brandeis University, Georgetown Law School, Harvard Law School, Harvard Business School, NYU Law School, and the Stockholm School of Economics. We thank Chris Allen and Sarah Eriksen for excellent research assistance. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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