The Archives

The collection of all scholarly commentary on law, economics, and more

Showing results for:  “Valid C1000-170 Study Materials ๐Ÿ•— C1000-170 Latest Exam Answers ๐Ÿฎ Trusted C1000-170 Exam Resource ๐Ÿฆ Search on ใ€ www.pdfvce.com ใ€‘ for ใ€ C1000-170 ใ€‘ to obtain exam materials for free download ๐Ÿ€Valid C1000-170 Dumps Demo”

No, Matt, executive compensation is not all about norms

[UPDATE:  In order to avoid linking glitches we removed the quotes from around the phrase, “all about norms” in the original title.  This post thus has a different url than the original but is otherwise the same.] In a post titled, “Backdating: Yes, Virginia, Execs Do Want Inflated Pay,â€? over at PrawfsBlawg, Matt Bodie weighs ... No, Matt, executive compensation is not all about norms

Henderson on Executive Compensation in Bankruptcy

Todd Henderson’s paper finds that compensation arrangements of solvent and insolvent firms are similar to each other. The empirical strategy involves the assumption that firms in bankruptcy are a useful control group for testing agency theory explanations of executive compensation because those costs are significantly lower for insolvent firms. I don’t know enough about bankruptcy ... Henderson on Executive Compensation in Bankruptcy

Defending (Positive) Law & Economics

Securities Mosaic is a fantastic resource for anyone working in the securities field. It provides comprehensive information in six key areas: disclosure, laws, rules, guidance, news, and compliance centers. In addition, the site features SM Blogwatch, which republishes posts from various securities-related blogs, including this one. Yesterday, I was formally welcomed to the SM Blogwatch ... Defending (Positive) Law & Economics

Discretionary Spending (and my mother)

Back during GW’s first term, when various folks were positing that the economy was in a recession, my mother said something along the lines of “I know that we are not in a recession because people are still buying bras from Victoria’s Secret.” True story. My mom’s point, for those of you who have never ... Discretionary Spending (and my mother)

Chief Judge Easterbrook

Deven Desai at Concurring Opinions discusses an interesting article on law.com reporting that my old boss, Judge Frank Easterbrook, will soon become Chief Judge of the Seventh Circuit. Interestingly, the article suggests, and the judge in an interview confirms, that not very much about the Seventh Circuit is likely to change. The court is already ... Chief Judge Easterbrook

Explaining Backdating (and Jenkins Channels Manne Again)

Holman Jenkins reports that a group of economists led by Milton Friedman and Harry Markowitz are getting behind the idea of putting an end to the expensing of options. It is a great column. Jenkins goes on to discuss options backdating and makes the following points, which will sound unfamiliar to TOTM readers: “In no ... Explaining Backdating (and Jenkins Channels Manne Again)

SSRN Top Tens for Corporate, Corporate Governance, and Securities Law

The current SSRN top tens for corporate, corporate governance, and securities law are after the jump.

The Perils of Paternalism

According to Bar None, an op-ed by Jack Turner in today’s NYT, “history shows that, however commendable the reasoning, efforts to control how people drink — or eat, or smoke — tend to backfire.” I’ve made a similar argument in discussing smoking bans. Advocates of such bans (often citing the work of “norms scholars,” such ... The Perils of Paternalism

It’s not a PIPE bomb

Similar to Gretchen Morgenson’s recent attack on Rule 144A offerings (discussed by Larry Ribstein here), page C1 of yesterday’s W$J assails PIPE offerings (see here). PIPE stands for “private investment in public equity” and is a financing technique used by many small and mid-size public companies. In a typical PIPE, a company privately negotiates a ... It’s not a PIPE bomb

Some Things I Read Today

1.  FTC Chairman Deborah Majoras on “The Federal Trade Commission in the Online World: Protecting Competition and Protecting Consumers.” (HT: Antitrust Review) 2.    Two interesting posts by Randy Picker here and here. 3.    Brian Leiter on the factors that help and hurt most for entry-level law school faculty candidates, with a promise to elaborate soon. ... Some Things I Read Today

FTC

Google seeks exemption from Investment Company Act

According to this WSJ article, Google has asked the SEC to declare that Google is not an “investment company” and therefore not subject to the Investment Company Act of 1940. This seems like an odd request, but it highlights the broad sweep of the definition of investment company. Section 3(a)(1)(C) of the ICA provides that ... Google seeks exemption from Investment Company Act

Corporate Law Comics

Our law librarian pointed me to Stu’s Views Law & Lawyer Cartoons website (www.stus.com) which contains cartoons for various corporate law cases (among other things). Here’s two examples: So what are the cases?