“‘The funding of our Nordic welfare model that makes us the happiest country in the world with an incredibly high standard of living relies upon higher employment levels,’ …. What Finland needs is that ‘everyone who is able to work has a job.'” https://t.co/Y4fSYrhV5b #corpgov
— Stefan Padfield (@ProfPadfield) January 28, 2019
“the Supreme Court has held … that when a statute lacks a meaningful definition of ’employee,’ the common-law ‘right-to-control’ test … should apply…. Note that the analysis is not referred to as the ‘common-law ‘entrepreneurial opportunity” test” #corpgov https://t.co/Kfs5oeZmdn
— Stefan Padfield (@ProfPadfield) January 27, 2019
“Shareholders haven’t been successful in holding companies accountable for data breaches.
That changed in the first month of 2019.” #corpgov ht @BenPEdwards https://t.co/Qv8FprgklV— Stefan Padfield (@ProfPadfield) January 28, 2019
“incremental edits to boilerplate pari passu clauses for sovereign debt agreements have led to textual ‘black holes,’ which potentially undercut … these … provisions…. we offer … evidence of a similar … ‘black hole’ phenomenon taking place in the M&A context.” #corpgov https://t.co/75B8r697Od
— Stefan Padfield (@ProfPadfield) January 25, 2019
“‘Too big to fail’ – or ‘TBTF’ …. the fundamental paradox at the heart of the TBTF metaphor: TBTF is an entity-centric, micro-level metaphor for a complex of interrelated systemic, macro-level problems.” https://t.co/HCuUDuZkMF #corpgov
— Stefan Padfield (@ProfPadfield) January 29, 2019
“how firms can enforce obligations against members of a value [supply] chain outside of the restrictions of privity in order to increase commercial efficiency and facilitate the enforcement of higher labor and environmental standards” https://t.co/zaWboVXXlS #corpgov
— Stefan Padfield (@ProfPadfield) January 24, 2019