“a review of empirical studies of the last forty years reveals that every aspect of corporate governance that was studied yielded conflicting empirical findings as to its effect on firm value and performance” https://t.co/cSSIzPS9Tw

— Stefan Padfield (@ProfPadfield) June 30, 2019

“The purpose of this paper is to analyze 1,530 benefit corporations … for proof of social purpose performance, as demonstrated in reports on their websites…. most benefit corporations in the study had no published reports” https://t.co/FmuDmvji6G #corpgov #socent

— Stefan Padfield (@ProfPadfield) June 28, 2019

Pitney Bowes “is unique because, unlike the other state court decisions, it interprets Cyan to apply the PSLRA’s discovery stay to Securities Act suits in state courts.” https://t.co/GeW27oI5ks

— Stefan Padfield (@ProfPadfield) June 29, 2019

“Dual-class share structures do not necessarily offer an edge on performance, as the results appear inconclusive. Dual-class companies appear more profitable than their peers, but they fail to show significant improvement in performance compared to their counterparts.” https://t.co/5i2y2VCMbi

— Stefan Padfield (@ProfPadfield) June 28, 2019

“Wall Street’s role as matchmaker between big money managers and corporate executives is under threat. Five large investors overseeing more than $7 trillion are banding together to directly organize a series of meetings with company executives” #corpgov ht @AnnMLipton https://t.co/KfzdePQORt

— Stefan Padfield (@ProfPadfield) June 28, 2019