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ICYMI: #corpgov Midweek Roundup (May 29, 2019)

By Stefan J. Padfield on May 29, 2019

“diversified investors should rationally be motivated to internalize intra-portfolio negative externalities. This portfolio perspective can explain the increasing climate change related activism of institutional investors” https://t.co/B1muk1GbDt

— Stefan Padfield (@ProfPadfield) May 26, 2019

“By understanding the corporation as a collaboration between the government and the individuals organizing, operating, and owning the corporation, the impermissibility of aggressive corporate tax avoidance becomes apparent.” @EricChaffee, 76 Wash. & Lee L. Rev. 93 #corpgov

— Stefan Padfield (@ProfPadfield) May 26, 2019

Is the “80 cents” figure “simply incompatible w/ calls of equal pay for equal work”? “figures are raw medians…meaning they don’t control for…hours worked”; “Studies that compare apples w/ apples find a much narrower pay gap—or none at all.” https://t.co/tXdaQN2Ozi #corpgov

— Stefan Padfield (@ProfPadfield) May 28, 2019

“Even more pointed is the possibility that global poverty is declining because of increasing economic inequality rather than in spite of increasing inequality. This challenges a central liberal nostrum that economic inequality causes poverty.” https://t.co/bi4dvzrFSt #corpgov

— Stefan Padfield (@ProfPadfield) May 23, 2019

“federal government began in the 1970s to endow private actors with the public purpose of rating the soundness of [financial] instruments…. Predictably, their performance of their public function began to be affected by their private interests” https://t.co/XZfyZs1282 #corpgov

— Stefan Padfield (@ProfPadfield) May 28, 2019

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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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