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It’s been two weeks since the WHO declared the coronavirus outbreak a pandemic, and the NBA cancelled games. As of this writing, the NY Post reports: Total cases globally: 417,966; Deaths: 18,615.
"As of this week, we estimate that there are just under 150 significant M&A transactions … waiting to close …. corporate lawyers everywhere are spending their shelter-in-place hours scouring the terms of these deals in a frenzied search for an escape hatch" #corpgov https://t.co/EA3Zzg6F0O
— Stefan Padfield (@ProfPadfield) March 19, 2020
BlackRock: "Key steps towards increased transparency include 1) moving from annual to quarterly voting disclosure, 2) prompt disclosure around key votes including an explanation of our voting decisions, and 3) enhanced disclosure of our company engagements." https://t.co/HnULcurK6z
— Stefan Padfield (@ProfPadfield) March 20, 2020
"The more modern corporate social responsibility scholarship … is dominated by Panglossians who believe that moral choices have essentially no economic cost …." 41 Cardozo L. Rev. 1081 #corpgov
— Stefan Padfield (@ProfPadfield) March 22, 2020
There are many places (including faculty meetings) where decision-making goes: (1) it's a good idea; (2) let's do it — w/o ever asking what we will do less of in order to shift resources (assuming no new tech/synergy). Then we act surprised when some valued thing deteriorates.
— Stefan Padfield (@ProfPadfield) March 22, 2020
"Awesemo will stream an NBA 2K game each night at 8pm/et between two computer controlled teams and FanDuel is giving users a free Single Game DFS contest to play alongside it. Boom: The ability to watch a game and follow your DFS lineup during it." https://t.co/oIeskPjZcS #degen
— Stefan Padfield (@ProfPadfield) March 22, 2020