“the Staff said that, ‘by imposing this requirement, the Proposal would micromanage the Company ….’ but …. These are requests to the boards on a major public policy issue, not directives.” https://t.co/LBilc4tazX
— Stefan Padfield (@ProfPadfield) July 7, 2019
“To gather data…about potential cognitive biases in the franchising context, this article incorporates a survey of franchisees; it provides empirical evidence of the limited perspective & flawed decision-making of most persons who buy a franchise.” 13 OhioSt.Bus.L.J. 1 #corpgov
— Stefan Padfield (@ProfPadfield) July 6, 2019
“The increase in failed majority-supported proposals in recent years can be directly attributed to the change in the rules pertaining to the treatment of broker non-votes.” https://t.co/fHoY2GN9Fq
— Stefan Padfield (@ProfPadfield) July 6, 2019
“Passed into law in 1920, the Jones Act is a ban on transport between two U.S. ports, unless it’s on a U.S.-built, U.S.-manned, U.S. flagged, and U.S.-owned ship.” https://t.co/hugI3v2Ze0 #corpgov
— Stefan Padfield (@ProfPadfield) July 5, 2019
“The universal ballot adopted by both EQT & the Rice Team named both EQT’s & the Rice Team’s nominees on their respective proxy cards. The only difference related to the presentation of the two cards, in which each side highlighted how it desired shareholders to vote.” #corpgov https://t.co/mxwQ9mZBrm
— Stefan Padfield (@ProfPadfield) July 10, 2019