“the Dodge mandate … requires only that directors and other corporate managers run the corporation ‘primarily for the profit of the stockholders,’ leaving room for other secondary considerations” 58 B.C. L. Rev. 1425 #corpgov #socent
— Stefan Padfield (@ProfPadfield) January 22, 2018
“Activist hedge fund Pershing Square agreed to pay $193.75 million of the settlement in connection with its scheme to deliver Allergan into Valeant’s hands…. Pershing Square made over a billion dollars on the trade” https://t.co/gdceOtPPcZ #corpgov
— Stefan Padfield (@ProfPadfield) January 22, 2018
“empirical literature on … (i) state competition to produce corporate law, (ii) independent boards, (iii) takeover defenses, and (iv) the use of corporate governance indices” https://t.co/GEmMOK3fDy #corpgov
— Stefan Padfield (@ProfPadfield) January 23, 2018
“The Fangs — Facebook, Amazon, Netflix and Google — are having a crisis … what you are seeing is a classic corporate PR playbook of deflection and delay.” https://t.co/cumSLdPdhF #corpgov
— Stefan Padfield (@ProfPadfield) January 23, 2018
“Bank of America Says Female Staff Are Paid 99% of What Men Are …
minorities are paid on average 99% of what non-minorities are” https://t.co/PYmJEnWygb #corpgov— Stefan Padfield (@ProfPadfield) January 24, 2018