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ICYMI: #corpgov Weekend Roundup (July 8, 2018)

By Stefan J. Padfield on July 8, 2018

Do Google and Facebook “undermine competition for values and ideas”? “In a 2001 article … attorneys in the Department of Justice’s antitrust division, noted antitrust law has long sought to preserve competition in ideas, not just products.” https://t.co/4x8CdqzcxO #corpgov

— Stefan Padfield (@ProfPadfield) July 5, 2018

ICYMI: “Going green: Law firms see business benefits of B Corp certification” https://t.co/pu6wK1g1aG #corpgov #socent

— Stefan Padfield (@ProfPadfield) July 5, 2018

“California’s push for gender quotas on company boards” … @AkronLaw @ProfTracyThomas “argues that there is a constitutional path to mandating gender quotas as a remedy to discrimination” https://t.co/FIVTGsKpiO #corpgov

— Stefan Padfield (@ProfPadfield) July 5, 2018

“Lynn Stout, the late, great legal scholar who led the charge against shareholder primacy, argued that in order to weaken the hold shareholder primacy has over our economy, it’s crucial that, first, we better understand shareholders.” https://t.co/Xwvch6CVGF #corpgov

— Stefan Padfield (@ProfPadfield) July 6, 2018

“states grant benefit corporations a concession of a brand. Indeed, this concession may well warrant a limited and partial revival of a modernized concession theory of the corporation…. focus[ed] … on accountability.” 14 Hastings Bus. L.J. 37 #corpgov #socent

— Stefan Padfield (@ProfPadfield) July 7, 2018

“data show that courts have pervasively embraced the concept that corporate managers should maximize shareholder wealth” Robert J. Rhee, A Legal Theory of Shareholder Primacy, 102 Minn. L. Rev. 1951, 1954 (2018) #corpgov

— Stefan Padfield (@ProfPadfield) July 8, 2018

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Photo of Stefan J. Padfield Stefan J. Padfield

Director of the NCPPR’s Free Enterprise Project. Prior experience includes 15+ years as a law professor, two federal judicial clerkships, private practice at Cravath, Swaine & Moore, LLP, and 6 years enlisted active duty (US Army). Immigrant (naturalized).

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