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Now showing items 1-9 of 9
Directors' Duties in a Post-Enron World: Why Language Matters
(Wake Forest Law Review, 2003)
This essay observes that, in the face of corporate scandals of the last few years, a number of prominent advocates for shareholder primacy have retreated to the position that directors and officers should attempt to maximize ...
Realigning Corporate Governance: Shareholder Activism by Labor Unions
(Michigan Law Review, 1998)
This paper investigates the increased shareholder activism by labor unions and their pension funds, who are now the most aggressive institutional shareholders. Sometimes unions propose traditional corporate-governance ...
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 ...
Corporate Voting
(Vanderbilt Law Review, 2009)
Discussion of shareholder voting frequently begins against a background of the democratic expectations and justifications present in decision-making in the public sphere. Directors are assumed to be agents of the shareholders ...
Should Directors Reduce Executive Pay?
(Hastings Law Journal, 2003)
This paper examines internal pay disparities in American public corporations and argues that wide gaps between the top and bottom of the pay scale can, in certain circumstances, directly and adversely affect firm value, ...
The Increasing Role of Empirical Research in Corporate Law Scholarship
(The Georgetown Law Journal, 2004)
This is a review of Professor Mark Roe's book, The Political Determinants of Corporate Governance. It seeks to accomplish two goals. First, in Part I, it summarizes the theoretical arguments made in Political Determinants ...
Participation Run Amok: The Costs of Mass Participation for Deliberative Agency Decisionmaking
(Northwestern University Law Review, 1997)
This Article addresses the implications of broad-based participatory reforms for administrative process, with a particular focus on how participation reveals itself in different political-theoretic models of agency governance. ...
Should New Zealand Adopt Say on Pay?
(New Zealand Business Law Quarterly, 2013)
Around the globe, the latest fashion in corporate governance circles is "Say on Pay," a shareholder vote – sometimes precatory, other times mandatory – on CEO remuneration. Country after country has adopted Say on Pay in ...
Common Challenges Facing Shareholder Suits in Europe and the United States
(European Company and Financial Law Review, 2009)
Episodic and even sometimes systematic misbehavior by businessmen and
corporate entities is ubiquitous. While Enron and WorldCom were the battle
cries for corporate reform in the U.S. so it was with Ahold and Parmalat ...