Vanguard, BlackRock, or State Street are the “single largest investor in almost 9 out of 10 publicly-traded companies”; “this power … may … be used to advance the interests of index fund agents … in a way that is harmful to society at large” https://t.co/9J5MT7GkIs #corpgov
— Stefan Padfield (@ProfPadfield) May 3, 2019
ICYMI: Delaware “statutory public benefit limited partnerships that are similar to public benefit corporations organized under the Delaware General Corporation Law.” https://t.co/t9tNY6TGYx #corpgov #SocEnt
— Stefan Padfield (@ProfPadfield) May 3, 2019
“Lyft’s brand is associated with being more socially responsible and treating their partners relatively better than say a Uber …. Whether Lyft can differentiate its brand in this way vs Uber over the long-term will be interesting to watch.” #corpgov ht @AnnMLipton https://t.co/P6fvCHKh82
— Stefan Padfield (@ProfPadfield) May 7, 2019
“proposed law doesn’t clearly define what constitutes objectionable content …. Human rights groups warn … a pretext to censor speech. At least 17 countries … have cited the spread of ‘fake news’ when adopting or proposing new internet restrictions” #corpgov https://t.co/kJ5XRF0Kg9
— Stefan Padfield (@ProfPadfield) May 6, 2019
Robert Jackson, SEC Commissioner: “I urge investors to help us engage more carefully and critically with longstanding evidence that corporate insiders use mergers as a means to advance their private interests over the long-term interests of investors.” https://t.co/OgH5m8VExe
— Stefan Padfield (@ProfPadfield) May 4, 2019