“Marginal productivity theory states that each factor of production will be rewarded in line w/ its .. contribution to production. But although presented as .. objective .. It says nothing about the rules .. that govern .. which are .. political” https://t.co/b31l31ulJd #corpgov
— Stefan Padfield (@ProfPadfield) October 28, 2018
“fiduciary problems via networks of joint venture connections across corporations in an industry” Sarath Sanga, A Theory of Corporate Joint Ventures, 106 Cal. L. Rev. 1437, 1438 (2018) #corpgov
— Stefan Padfield (@ProfPadfield) October 30, 2018
“Is this the future for defendants accused of securities fraud: facing a multitude of far-flung suits by well-counseled, well-capitalized investment funds? If so, the business lobby has only itself to blame.” #corpgov https://t.co/qjmspyj7ir
— Stefan Padfield (@ProfPadfield) October 30, 2018
Study: Increasing environmental & CSR disclosures imposes processing costs on analysts, & “when processing costs are high, analysts will provide less information or less timely information, resulting in more gradual price discovery.” https://t.co/Dx6QKSom5A #corpgov
— Stefan Padfield (@ProfPadfield) October 30, 2018
“We can fly a health plan member to San Diego, have them picked up by private transport, receive the same drug … from a hospital in Tijuana that meets US standards, give them … $500, and still save between 40% to 60% for the employer,” https://t.co/gA7MEQw20o #corpgov
— Stefan Padfield (@ProfPadfield) October 31, 2018