Showing archive for: “Corporate Governance”
Hey- That’s Robert Monks!!!
I needed a catchy title, to compete with Mann’s title below. I could find no way to work “crack whore” into my title, however. But I figured mentioning Robert Monks – shareholder activist qua shareholder primacy radical – would have a small bit of the same impact. (Mind you, Robert Monks is a very very ... Hey- That’s Robert Monks!!!
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.
Skilling is not a crack whore, it seems to me
In a post over at Co-op, Dave Hoffman wonders why so many in the blogoshpere are publicly outraged by Jeff Skilling’s 24-year sentence, but not, seemingly, by similar-length sentences for drug crimes. Larry and Christine Hurt (hers is the fifth comment down on Dave’s post) deftly handle the response. As I noted a while back: there ... Skilling is not a crack whore, it seems to me
Legal Status of the SEC’s Manual of Publicly Available Telephone Interpretations
Since 1997, the SEC’s Manual of Publicly Available Telephone Interpretations has been available online (see here). It is also searchable on Westlaw (see the FSEC-MISC database). The manual contains a bevy of interpretations of various SEC regulations. As to legal status of these interpretations, the manual states as follows: The responses discussed in this manual ... Legal Status of the SEC’s Manual of Publicly Available Telephone Interpretations
Cablevision Buyout
Last week the Dolan family announced an offer to take Cablevision private. The family owns 22.5% of Cablevision’s common stock. However, Cablevision has a dual capitalization consisting of one-vote-per-share Class A stock (which trades on the NYSE) and ten-vote-per-share Class B Stock (which is not publicly traded). The Dolan family owns all of the Class ... Cablevision Buyout
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.
Report on 2006 Proxy Season
The 2006 Postseason Report, an analysis of the 2006 proxy season prepared by ISS, is now available online (see here). As expected, the big issue was majority voting for the election of directors. According to the report, more that 180 U.S. companies adopted some type of election reform. Most of these companies, however, followed the ... Report on 2006 Proxy Season
Mutual Fund Voting
The W$J ran a story earlier in the week on mutual fund voting (see here). The story reported on the somewhat old news that academic research has “found no evidence of fund companies tailoring their votes to specific business relationships,” contrary to earlier claims by shareholder activists. The article is nonetheless of interest because it ... Mutual Fund Voting
Another study on the harm of backdating
Consistent with the finding of the article described here, this article describes a Bloomberg study finding that backdating “has so far cost investors at least $7.9 billion in market value.” The analysis looks to have controlled for industry specific factors by comparing returns to applicable sector indexes. What’s not clear, and this is a point ... Another study on the harm of backdating
Martin Lipton on Boardroom Confidentiality
Martin Lipton of Wachtell, Lipton, Rosen & Katz issued a short memo yesterday on “boardroom confidentiality” or “what I would have advised HP to do had they asked.” Click here for the memo.
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.
Espresso Exclusivity?
Belvi Coffee and Tea Exchange cannot be serious. The firm is suing Starbucks for exclusive dealing in the Seattle and Bellevue, Washington real estate markets. The suit alleges that Starbucks has leased real estate at above-market prices in exchange for commitments by the landlords to exclude other coffee shops from the building. Let’s take Belvi’s ... Espresso Exclusivity?
