In his foreword to the European section of the symposium Professor Vagts takes exception to Professor Roth's proposal to vest corporate management in independent trustees. The Article concludes that independent trustees would not adequately represent the interests of the corporation's shareholders and suggests that control is better left within the internal managerial structure of the corporation.
Detlev F. Vagts,
European Perspectives: A Foreword,
30 Hastings L.J. 1413
Available at: https://repository.uclawsf.edu/hastings_law_journal/vol30/iss5/9