As Jamie Dimon waits for JPMorgan’s shareholders to rule on his future job description, the bank’s chairman and chief executive can take comfort in how that decision will be made. In the US (and in many other countries), management has few constraints. Shareholders have virtually no influence over the composition of boards of directors or even major transactions, such as mergers. The situation is dire and decades of reform efforts have failed to solve it. But new economic ideas offer promise for improvement.
本周二(5月21日),摩根大通(JPMorgan)股東就是否剝奪該公司董事長兼首席執行官杰米?戴蒙(Jamie Dimon)的董事長一職而舉行的投票中,戴蒙取得了明顯的勝利。戴蒙可能從這一決定究竟是如何做出的這一過程中獲得一些安慰。在美國(以及很多其他國家),企業管理層受到的約束少之又少。股東對董事會構成乃至并購等大型交易幾乎沒有任何影響力。這種局面很是嚴峻,數十年的改革努力也沒能解決這個問題。不過,新的經濟理念帶來了改善這種局面的希望。