Golden Share Governance: Power and Precedent

This chapter examines the implications of governmental influence over corporate decisions, particularly through the lens of U.S. Steel's interactions with Nippon Steel and the presidential authority during Trump's administration. It discusses the concept of the golden share and its historical context, drawing parallels with past governance models while raising concerns about the balance between governmental control and free market principles. The conversation highlights the potential shift in corporate governance culture and the risks of intertwining political agendas with business operations.