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DNSO / Individual v. Corporate Voting
- Date: Tue, 24 Nov 1998 11:19:38 -0500
- From: "Bret A. Fausett" <baf@fausett.com>
- Subject: DNSO / Individual v. Corporate Voting
I have read the notes the from the Monterrey meeting as well as the three
drafts of the DNSO bylaws, and I have a couple of questions/comments on
things that do not appear to have been addressed. For ease of reading and
response, I will separate them into different threads.
INDIVIDUAL V. CORPORATE VOTING.
I was pleased to see movement toward an open membership, with individuals
included with corporations and associations. As far as voting is
concerned, was the problem of individual voting addressed? Particularly,
what happens if a large organization enlists each of its employees to
participate and vote separately? Does this lead to the "capture" problem
that we are trying to avoid?
If so, does this mean that we should place some restrictions on an
individual's right to vote on policy issues if his or her employer is an
interested party? Or can we simply address this concern by having a
moderate fee on membership (one that is not onerous for an individual,
but would become onerous to a corporation if it paid for numerous
memberships)?
Bret Fausett
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Bret A. Fausett
Fausett, Gaeta & Lund, LLP
21 School Street, Third Floor
Boston, Massachusetts 02108
Telephone: (617) 227-1600
Facsimile: (617) 227-1608
E-Mail: baf@fausett.com
http://www.fausett.com
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