I actually thought the numbers were worse. “In the U.S., only about 50% of startups make it to their fifth birthday.” https://t.co/GmFm1xHDSp #corpgov
— Stefan Padfield (@ProfPadfield) December 10, 2019
“threat of shareholder litigation plays a disciplinary role in curbing managerial rent extraction from tax avoidance activities” https://t.co/DS35DW4rk8 #corpgov
— Stefan Padfield (@ProfPadfield) December 10, 2019
“The St. Louis-based 8th U.S. Circuit Court of Appeals ruled … that equity partner Joseph von Kaenel wasn’t a law firm employee and, as a result, he wasn’t covered by the federal age bias law.” https://t.co/z6zF26XrBK #corpgov
— Stefan Padfield (@ProfPadfield) December 6, 2019
“Here we have more proof that those commentators who claim Delaware law does not mandate shareholder wealth maximization are either misinformed or disingenuous.” #corpgov https://t.co/vhtJ4NFuxx
— Stefan Padfield (@ProfPadfield) December 6, 2019
True or false? “corporation law fails to ensure that corporations return business profits to shareholders…. without shareholder voting, the market for corporate control also fails to ensure a return to shareholders” 46 Fla. St. U. L. Rev. 861 #corpgov
— Stefan Padfield (@ProfPadfield) December 8, 2019