Showing archive for: “Corporate Governance”
Google Isn’t ‘Leveraging Its Dominance,’ It’s Fighting To Avoid Obsolescence
Six months may not seem a great deal of time in the general business world, but in the Internet space it’s a lifetime as new websites, tools and features are introduced every day that change where and how users get and share information. The rise of Facebook is a great example: the social networking platform ... Google Isn’t ‘Leveraging Its Dominance,’ It’s Fighting To Avoid Obsolescence
2012 GMU Law & Economics Center Workshop on Empirical Methods for Law Professors
May 21-25 the GMU LEC will be hosting its Workshop on Empirical Methods for Law Professors once again this year. Applications are available at the links below — and more information is available here. The Workshop on Empirical Methods for Law Professors is designed to teach law professors the conceptual and practical skills required to ... 2012 GMU Law & Economics Center Workshop on Empirical Methods for Law Professors
Randomizing Regulation
An interesting post on the University of Pennsylvania Reg Blog from Michael Abramowicz, Ian Ayres, and Yair Listokin (AAY) on “Randomizing Regulation,” based upon their piece in the U Penn L. Rev. If legislators disagree about the efficacy of a proposed policy, why not resolve the disagreement with a bet? One approach would be to impose ... Randomizing Regulation
A Decision-Theoretic Approach to Insider Trading Regulation
Regular readers will know that several of us TOTM bloggers are fans of the “decision-theoretic” approach to antitrust law. Such an approach, which Josh and Geoff often call an “error cost” approach, recognizes that antitrust liability rules may misfire in two directions: they may wrongly acquit harmful practices, and they may wrongly convict beneficial (or ... A Decision-Theoretic Approach to Insider Trading Regulation
Remembering Larry Ribstein
I was terribly saddened and, quite frankly, dumbfounded when I heard that Larry Ribstein had passed away. I had seen Larry approximately three weeks before when he gave a workshop at Yale and the last thought that would have crossed my mind would have been that I would be receiving such horrible news. At the ... Remembering Larry Ribstein
Notes from the tea party caucus of corporate academia
Roberta Romano has just posted her paper, Regulating in the Dark. Here’s the abstract: Foundational financial legislation is typically adopted in the midst or aftermath of financial crises, when an informed understanding of the causes of the crisis is not yet available. Moreover, financial institutions operate in a dynamic environment of considerable uncertainty, such that ... Notes from the tea party caucus of corporate academia
UCLA Law’s Lowell Milken Institute Law Teaching Fellowship Now Accepting Applications
I’m pleased to pass along the following information from the Lowell Milken Institute for Business Law and Policy at UCLA School of Law: Introduction The Lowell Milken Institute for Business Law and Policy at UCLA School of Law is now accepting applications for the Lowell Milken Institute Law Teaching Fellowship. This fellowship is a ... UCLA Law’s Lowell Milken Institute Law Teaching Fellowship Now Accepting Applications
An academic’s day in court
About a month ago I discussed a case in which I had written an amicus brief: Last year I wrote here about Roni LLC v Arfa, which I cited as an example of the ”troubling lawlessness of NY LLC law.” In brief, the court sustained a non-disclosure claim based on “plaintiffs’ allegations that the promoter ... An academic’s day in court
The ineffectiveness of internal controls reporting
We have heard much about the costs of internal controls reporting under SOX 404. Proponents argue that the fraud reduction is worth the costs. One might question this in light of anecdotes like all the missing cash at MF Global (and many other post-SOX securities fraud suits where auditors and executives had signed off on ... The ineffectiveness of internal controls reporting
Some Links
Professor Bainbridge properly gives candidate Gingrich the treatment Professor Ribstein dished out to Professor Krugman on private equity Jury deliberates in $1B antitrust lawsuit against Microsoft (USA Today) Clock stops on EU review of Google-Motorola acquisition (BNA) Analyst argues that killing the AT&T-T-Mobile transaction will pose risks for investors as the former searches for others ... Some Links
Are partners employees under the discrimination laws?
The WSJ Law Blog reports that New York Supreme Court Justice Marcy Friedman held that a former Holland & Knight partner wasn’t an employee under city and state anti-discrimination laws and therefore wasn’t entitled to age discrimination protection for his expulsion at age 55. Per the Law Blog’s summary, the ex-“partner” argued that he was ... Are partners employees under the discrimination laws?
Abolishing corporate personhood: still stupid
Doug Mataconis criticizes efforts in Congress to overrule Citizens United by abolishing corporate personhood (HT Bainbridge). I’ve already addressed this issue, noting among other things that “the loss of personhood would not have the slightest effect under Citizens United” because that case reasoned that the speaker’s identity is irrelevant. In any event, I pointed out ... Abolishing corporate personhood: still stupid
