Delaware courts “are increasingly willing to permit stockholders to gain access to board documents, including emails (even, in some cases, personal emails and text messages) where there are gaps in the board’s minutes and other formal materials” https://t.co/CdfPKuHEYV
— Stefan Padfield (@ProfPadfield) April 12, 2019
“focus on pay ratio could encourage more automation instead of higher wages. By eliminating low wage jobs entirely, the median employee would represent a more senior or corporate-level employee with higher pay, thus lowering the CEO pay ratio.” https://t.co/id9ikjKVRq #corpgov
— Stefan Padfield (@ProfPadfield) April 11, 2019
“David Beckworth: … you propose, to … teach lawyers some macroeconomics…. why …?
Yair Listokin: … a disproportionate number of politicians are trained as lawyers …. And … in law school, they learn a lot of economics, and it’s all microeconomics.” #corpgov https://t.co/RZusZ7CAaE— Stefan Padfield (@ProfPadfield) April 15, 2019
“researchers have conducted a series of computer simulations in which pricing algorithms learned, through trial and error and without communicating directly, to collude in maintaining prices above levels that would be expected in open competition” https://t.co/m2WgH0JJzM #corpgov
— Stefan Padfield (@ProfPadfield) April 12, 2019
“Notably missing is a Restatement on corporations, but that is set to change. In January, ALI announced that Martin Lipton Professor of Law Edward Rock will oversee the drafting of Restatement of the Law, Corporate Governance.” #corpgov https://t.co/mNirL6cHWt
— Stefan Padfield (@ProfPadfield) April 15, 2019