The commission's other co-chairman, IraMillstein, a senior partner at the law firm of Weil, Gotshal and Manges, didn't respond to a request for comment.
It might then consider adopting another quite modest proposal, recently advanced by IraMillstein, a leading lawyer and corporate-governance reformer, and a rule long observed in more shareholder-friendly places such as Britain: if, by withholding support, shareholders cast more votes against a candidate than in favour, he should not be elected to the board.