I recently posted the following on SSRN: “Does Corporate Personhood Matter? A Review of and Response to @adamwinkler’s ‘We the Corporations'” https://t.co/uViO7X894a #corpgov
— Stefan Padfield (@ProfPadfield) October 11, 2018
“expressing opinions about the merits of legal proceedings in filings with the SEC…. three key considerations” https://t.co/82XjpGOKJb #corpgov
— Stefan Padfield (@ProfPadfield) October 11, 2018
“‘The most important item over time in valuation is obviously interest rates,’ Buffett said last year.” https://t.co/ZQKKxQAgGU #corpgov
— Stefan Padfield (@ProfPadfield) October 12, 2018
“Legally, boards of directors must be composed of natural persons …—not corporations. But Henderson said that shouldn’t be a concern—and could be fixed by abolishing the natural person requirement in Delaware, where most of the nation’s corporations are incorporated.” #corpgov https://t.co/DENLhvFHO4
— Stefan Padfield (@ProfPadfield) October 12, 2018
“Contractarians have been particularly vicious & dismissive in their rejection of concession theory. But the basic premise is sound: corporations are creatures of the state & cannot be formed purely through contract. It is impossible to do so.” 53 Wake Forest L. Rev. 511 #corpgov https://t.co/AIyv7YQN7E
— Stefan Padfield (@ProfPadfield) October 14, 2018
“To avoid tripping insider trading rules, companies typically avoid buyback shares during the two weeks prior to reporting earnings. Last week’s market storm … occurred during the darkest part of these so-called ‘blackout’ windows.” https://t.co/OK56PwIrsx #corpgov
— Stefan Padfield (@ProfPadfield) October 14, 2018