Some corporate critics believe that the way to reform corporations is by changing the election procedures of the board members.

Question

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Many corporate critics argue that reforming the election procedures for board members can lead to more accountable and transparent governance, thereby addressing some of the systemic issues within corporations. This could involve measures such as implementing majority voting, allowing for proxy access by shareholders, or instituting staggered board terms to ensure more democratic and fair elections.

Some Corporate Critics Believe That the Way to Reform Corporations