employee representation on corporate boards: “worker voice now represents best corporate governance practice in the majority of OECD countries, and … asset managers are voting on ‘other people’s money’: those people are usually employees saving for retirement” https://t.co/iY8gODen3A
— Stefan Padfield (@ProfPadfield) September 17, 2018
some “explanations for the…growth…of firms despite the imposition of fiduciary constraints….[1] by requiring many of their disputes to be arbitrated….[2] clients of financial conglomerates rarely sue their fiduciaries.” https://t.co/dSW8yWZtJQ #corpgov ht @ProfBainbridge
— Stefan Padfield (@ProfPadfield) September 17, 2018
“SEC and NYU to Host Sept. 21 Forum on High-Frequency Trading and Liquidity Resiliency” https://t.co/CnoIkXYsWD #corpgov
— Stefan Padfield (@ProfPadfield) September 17, 2018
“Virtually every major innovation in any industry—regardless of what it is, when it was created, or who created it—has one common denominator: at one point or another, it required financing. That means that finance is the very language of business ….” #corpgov https://t.co/ia5aQDEMqQ
— Stefan Padfield (@ProfPadfield) September 18, 2018
“What are business entities for? What are security interests for? … both … exist to partition assets …. Security interests construct asset pools subject to fixed priority …. Conversely, entities are associated with floating priority ….” https://t.co/fQpiThqK43 #corpgov
— Stefan Padfield (@ProfPadfield) September 18, 2018