“a substantial portion of benefit corporations are not evidently delivering any social or environmental benefits” https://t.co/xD8mEiZbGE #corpgov #socent

— Stefan Padfield (@ProfPadfield) May 31, 2019

“Shareholders do not own corporations. Shareholders own a security representing a bundle of rights that typically includes the residual claim and a vote.” #corpgov https://t.co/mEuRfPn3Th

— Stefan Padfield (@ProfPadfield) June 2, 2019

“The Internet displaced the jobs of taxi drivers; the blockchain may displace Uber…. a company called Swarm … is attempting to enable cab drivers to transact directly with their customers through a cooperative scheme on the blockchain.” https://t.co/kVY2c3Otly #corpgov

— Stefan Padfield (@ProfPadfield) June 1, 2019

“divestment may make activists feel all warm and fuzzy, but the evidence is that (1) it has no significant effect on the target of the divestment campaign but (2) likely does harm the activists’ portfolios” #corpgov https://t.co/DXVCDGWhv5

— Stefan Padfield (@ProfPadfield) June 2, 2019

“economic dysfunction … seems to be infecting Germany …. simultaneous decline of Volkswagen, Deutsche Bank, & Bayer has been … stunning. It raises the question as to whether it is merely coincidence, or if there is a larger systemic issue” https://t.co/NAnVheweXz #corpgov

— Stefan Padfield (@ProfPadfield) June 6, 2019