New paper from Naidu/Posner/Weyl throws out “back-of-the-envelope” calculation that monopsony power by ever-larger corporations may have knocked the labor share of output down by 22% and aggregate employment off 13%. Which seems like … a lot. https://t.co/JrRLzkpqM0
— Lydia DePillis (@lydiadepillis) February 25, 2018
“This article examines the introduction of limited liability into the English and Australian companies legislation in the mid-nineteenth century and compares how this legal change was adopted in two different societies.” https://t.co/WEKSMF3V6p #corpgov
— Stefan Padfield (@ProfPadfield) February 26, 2018
“contrary to the assertions of skeptics—pre-[Securities] Act prospectuses did fail to provide potential investors with financial statements, as well as information about capitalization and voting rights, and executive compensation” https://t.co/EVUhmNd16g #corpgov
— Stefan Padfield (@ProfPadfield) February 26, 2018
US appeals court today: “We now hold that Title VII prohibits discrimination on the basis of sexual orientation as discrimination.” https://t.co/cR7KMj2aE3
— Mike Scarcella (@MikeScarcella) February 26, 2018
“Agenda: March 8, 2018, Meeting of the SEC Investor Advisory Committee … Discussion Regarding Financial Support for Law School Clinics that Support Investors … Discussion Regarding Dual-Class Share Structures” https://t.co/AoAzJKBbIb #corpgov
— Stefan Padfield (@ProfPadfield) February 27, 2018
“This study uses data from the 21 Chinese banks that are at the forefront of China’s green finance initiatives, as well as insights from fieldwork conducted in 2016 and 2017, to examine banks’ ability to monitor & price environmental credit risk” https://t.co/r3FCt6O18g #corpgov
— Stefan Padfield (@ProfPadfield) February 27, 2018
“In a new AI-versus-lawyer matchup, the lawyers were bested when trying to accurately spot issues in non-disclosure agreements.” https://t.co/U93CaDyCDn #corpgov
— Stefan Padfield (@ProfPadfield) February 28, 2018