Topic
Shareholder Value
51 published works
North Carolina Business Litigation Report
Don’t Sue A North Carolina Board Of Directors Over A Merger Without Reading This Case
Last week's Order in Gusinsky v. Flanders Corp., 2013 NCBC 46, should be required reading for lawyers thinking of suing the directors of a corporation in North Carolina over a…
M & A Law Prof Blog
Autopsy of a Merger
By CorporateAcquisitions MergerLawBlogger
From the "things I'm reading" file: Autopsy of a Merger by Willam Owen. Squeezed this in over the break after I finished grading. It's definitely worth reading if you find…
M & A Law Prof Blog
Decline of the shareholder value paradigm?
By CorporateAcquisitions MergerLawBlogger
That seems a bit extreme. Actually, I doubt that shareholder value, now that it has firmly taken root, will retreat from being the dominant framework for investors and managers. But,…
M & A Law Prof Blog
Shareholders? What good are they?
By CorporateAcquisitions MergerLawBlogger
Justin Fox and Jay Lorsch have a piece, What Good Are Shareholders?, in the new Harvard Business Review. They join Lynn Stout (The Shareholder Value Myth) and others call into…
Pension Risk Matters
ERISA and Securities Litigation Snapshot — Things You Can Do Now to Minimize CFO and Board Liability
In the last few years, pension funding levels and 401(k) account balances have fallen dramatically. New disclosure rules, volatile market conditions, investment complexity and mandatory cash contributions are only a…
Securities Law Prof Blog
Stratmann & Verret on Small Public Companies and Proxy Access
Does Shareholder Proxy Access Damage Share Value in Small Publicly Traded Companies?, by Thomas Stratmann, George Mason University - Buchanan Center Political Economy; CESifo (Center for Economic Studies and Ifo…
Delaware Corporate & Commercial Litigation Blog
Chancery Refuses to Enjoin Transaction
In re Answers Corp. S’holders Litig., C.A. No. 6170-VCN (Del. Ch. April 11, 2011) The shareholder plaintiffs in this matter sought a preliminary injunction to delay the proposed buyout of…
Securities Law Prof Blog
Fried on Executive Pay
Share Repurchases, Equity Issuances, and the Optimal Design of Executive Pay, by Jesse M. Fried, Harvard Law School, was recently posted on SSRN. Here is the abstract:This Article identifies a…
Securities Law Prof Blog
Fanto et alia on Board Diversity
Justifying Board Diversity, by James A. Fanto, Brooklyn Law School; Lawrence M. Solan, Brooklyn Law School; and John M. Darley, Princeton University, was recently posted on SSRN. Here is the…
M & A Law Prof Blog
Airgas – a natural experiment
By CorporateAcquisitions MergerLawBlogger
Lucien Bebchuk, Alma Cohen and Charles Wang have just posted a paper on SSRN, Staggered Boards and the Wealth of Shareholders: Evidence from a Natural Experiment. In the paper they test…