A chance conversation about a recently decided CalSTRS case against Meta sparked a deeper question: what happens when ownership becomes too concentrated? From the top 1% holding nearly a third of U.S. wealth to billionaires quietly accumulating 11% of Hawaiian land, the implications reach far beyond the geography of inequality to economics, corporate governance, fiduciary duty, and the future of democracy. https://www.corpgov.net/2026/04/easter-passover-musings-hawaii-and-the-geography-of-inequality/ Check out my new song E Ku Kaʻāina https://www.corpgov.net/wp-content/uploads/2026/04/E-Ku-Ka-%CA%BBAina-Stand-O-Land.mp3

From Corporate Disenfranchisement to Shared Capitalism https://www.corpgov.net/2026/03/from-corporate-disenfranchisement-to-shared-capitalism/ Sergio Alberto Gramitto Ricci & Christina Sautter, describe the “rights–power gap.” I discuss possible solutions. #corpgov #corporategovernance #ESG

Adam Smith’s insights into ownership and incentives illuminate the next evolution of capitalism. Expanding employee ownership reconnects productivity, responsibility, and prosperity. https://www.corpgov.net/2026/03/adam-smith-capitalism-and-employee-ownership/ #corpgov #ESOP #employeeownership #démocracy

Right to Cure proposals have moved from a reform idea in 2024 to basic governance hygiene in 2026 to avoid what should be frivolous lawsuits. https://www.corpgov.net/2026/03/right-to-cure-after-hammann-fair-process-reduces-litigation/ #corpgov #ESG

Four posts in 6 days. Shared Capitalism: Supercharge Economy and Democracy; A Letter to Robert A. G. Monks; Raising the Bar and/or Closing the Door on Shareholder Democracy; Incidental Humans: Fiduciary Duty Drift and Restoration https://www.corpgov.net/ #corpgov

Bob Monks, I should have held you closer. I reflect on Robert A.G. Monks's life and discuss his impact on my work. https://www.corpgov.net/2026/02/a-letter-to-robert-a-g-monks/ #corpgov

Rule 14a-8; AlanPalmeter's proposal would entrench managers and weaken the only scalable tool most investors have to hold boards accountable https://www.corpgov.net/2026/02/rule-14a-8-a-failed-experiment-in-merit-regulation-still/ #NoActionProcess, #PoliticalSpending, #ProxyRules, #ProxySeason, #proxyvoting, #PublicPensions, #RaceToTheBottom, #Reincorporation, #RetailInvestors, #Rule14a8, #Rule14a9, #SecuritiesLaw, #ShareholderRights, #ShareholderVoice, #StateCompetition, #SystemicRisk, #UniversalOwners, #Accountability, #CorpGov, #ESG, #SEC, #stewardship

Shareholder Primacy- What Are the Costs of Weakening Shareholder Primacy? Bennett, et al. (2025). DExit; costly to shareholders & society https://www.corpgov.net/2026/02/shareholder-primacy/ #corpgov #ESG #DExit #corporategovernance