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Now showing items 11-20 of 53
Improving Shareholder Monitoring of Corporate Management by Expanding Statutory Access to Information
(Arizona Law Review, 1996)
A central issue in contemporary corporate law is the effectiveness of shareholders as monitors of corporate management. For example, in a series of recent articles, legal scholars have debated whether the rapid growth in ...
Timing Matters: Promoting Forum Shopping by Insolvent Corporations
(Northwestern University Law Review, 2000)
Most commentators decry forum shopping. This general hostility extends to forum shopping by firms filing for bankruptcy. Indeed, Congress is considering legislation designed to reduce forum shopping by companies filing for ...
ISS Recommendations and Mutual Fund Voting on Proxy Proposals
(Villanova Law Review, 2010)
This article analyzes mutual fund voting data from 2003-2008, the first
five proxy seasons for which this data is available, and seeks to identify
the extent to which mutual funds vote consistently with the voting ...
Does Private Equity Create Wealth? The Effects of Private Equity and Derivatives on Corporate Governance
(University of Chicago Law Review, 2009)
Private equity has reaped large rewards in recent years. We claim that one major reason for this success is due to the corporate governance advantages of private equity over the public corporation. We argue that the ...
The Effect of Shareholder Proposals on Executive Compensation
(University of Cincinnati Law Review, 1999)
During the last decade, the stratospheric increases in Chief Executive Officer (CEO) pay levels have made executive compensation a popular target for shareholder activism, particularly when high pay is accompanied by poor ...
The Impact of Environmental Liabilities on Privatization in Central and Eastern Europe: A Case Study of Poland
(University of California at Davis Law Review, 1994)
The Central and Eastern Europe (CEE) countries are breaking up their centrally planned economies at a record pace by selling formerly state-owned industrial enterprises to private sector investors. Privatization is expected ...
Selectica Resets the Trigger on the Poison Pill: Where Should the Delaware Courts Go Next?
(Indiana Law Journal, 2012)
Since their invention in 1982, shareholder rights plans have been the subject of intense controversy. Rights plans, or as they are known more pejoratively “poison pills,” enable a target board to “poison” a takeover attempt ...
Lying and Getting Caught: An Empirical Study of the Effect of Securities Class Action Settlements on Targeted Firms
(University of Pennsylvania Law Review, 2010)
The ongoing Great Recession has triggered numerous proposals to improve the regulation of financial markets and, most importantly, the regulation of organizations such as credit rating agencies, underwriters, hedge funds, ...
Comparing CEO Employment Contract Provisions: Differences Between Australia and the United States
(Vanderbilt Law Review, 2011)
The results of our comparison of U.S. and Australian contracts offer some interesting contrasts with several earlier studies that compare U.S. and U.K. CEO compensation. In those prior studies, the authors conclude that ...
Executive Compensation in the Courts: Board Capture, Optimal Contracting, and Officers' Fiduciary Duties
(Minnesota Law Review, 2011)
This Article proposes a new approach to monitoring executive compensation. While the public seems convinced that executives at public corporations are paid too much, so far attempts to rein in executive compensation have ...