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Articles 1 - 13 of 13
Full-Text Articles in Business Law, Public Responsibility, and Ethics
The Shareholder Primacy Norm, D. Gordon Smith
The Shareholder Primacy Norm, D. Gordon Smith
Faculty Scholarship
Corporate directors have a fiduciary duty to make decisions in the best interests of the shareholders. This aspect of fiduciary duty is often called the shareholder primacy norm. Legal scholars generally assume that the shareholder primacy norm is a major factor considered by boards of directors of publicly traded corporations in making ordinary business decisions and that changing the shareholder primacy norm would have an effect on the substance of those decisions. This Article challenges this view and argues that the shareholder primacy norm was never equipped to mediate conflicts between shareholders and nonshareholder constituencies of a corporation. The origins …
Venture Capital Contracting In The Information Age, D. Gordon Smith
Venture Capital Contracting In The Information Age, D. Gordon Smith
Faculty Scholarship
Most venture capitalists provide services to their portfolio companies beyond capital investment. Although these services form an important part of the bargain between the venture capitalists and the entrepreneur, they are rarely specified or even capable of specification in venture capital contracts. This article examines the moral hazard and adverse selection problems facing entrepreneurs who hire venture capitalists to provide value-added services and describes the role of the market for venture capitalist reputation in addressing those problems. Further, the Article speculates about whether advances in information technology - specifically, the World Wide Web - are likely to improve the efficiency …
Affirmative Action: Diverse Goals, Diverse Policies, Eric Wampler
Affirmative Action: Diverse Goals, Diverse Policies, Eric Wampler
Center for the Study of Ethics in Society Papers
Presented January 19, 1998 for Martin Luther King Jr. Day at Western Michigan University. Sponsored by the Center for the Study of Ethics in Society, the Department of Philosophy and the Wesley Foundation.
Affirmative Action: A Contradiction Of Theory And Practice, Kimberly Hellmers
Affirmative Action: A Contradiction Of Theory And Practice, Kimberly Hellmers
Center for the Study of Ethics in Society Papers
Presented January 19, 1998 for Martin Luther King Jr. Day at Western Michigan University. Sponsored by the Center for the Study of Ethics in Society, the Department of Philosophy and the Wesley Foundation.
Introduction, Joseph Ellin
Introduction, Joseph Ellin
Center for the Study of Ethics in Society Papers
Presented January 19, 1998 for Martin Luther King Jr. Day at Western Michigan University. Sponsored by the Center for the Study of Ethics in Society, the Department of Philosophy and the Wesley Foundation.
The Forgotten Factor: The Economic Principles Of Affirmative Action, Patrick Kinuthia
The Forgotten Factor: The Economic Principles Of Affirmative Action, Patrick Kinuthia
Center for the Study of Ethics in Society Papers
Presented January 19, 1998 for Martin Luther King Jr. Day at Western Michigan University. Sponsored by the Center for the Study of Ethics in Society, the Department of Philosophy and the Wesley Foundation.
University Policy, Affirmative Action, And The Principles Of Justice, Eric Wampler
University Policy, Affirmative Action, And The Principles Of Justice, Eric Wampler
Center for the Study of Ethics in Society Papers
Presented January 19, 1998 for Martin Luther King Jr. Day at Western Michigan University. Sponsored by the Center for the Study of Ethics in Society, the Department of Philosophy and the Wesley Foundation.
Affirmative Action: A Vision For Today, Wmu Center For The Study Of Ethics In Society
Affirmative Action: A Vision For Today, Wmu Center For The Study Of Ethics In Society
Center for the Study of Ethics in Society Papers
Presented January 19, 1998 for Martin Luther King Jr. Day at Western Michigan University. Sponsored by the Center for the Study of Ethics in Society, the Department of Philosophy and the W.esley Foundation.
Affirming The Affirmative Action Intention, Barbra Jotzke
Affirming The Affirmative Action Intention, Barbra Jotzke
Center for the Study of Ethics in Society Papers
Presented January 19, 1998 for Martin Luther King Jr. Day at Western Michigan University. Sponsored by the Center for the Study of Ethics in Society, the Department of Philosophy and the Wesley Foundation.
Causation In Occupational Disease: Balancing Epidemiology, Law And Manufacturer Conduct, Richard M. Lynch, Mary S. Henifin
Causation In Occupational Disease: Balancing Epidemiology, Law And Manufacturer Conduct, Richard M. Lynch, Mary S. Henifin
RISK: Health, Safety & Environment (1990-2002)
Drs. Lynch & Henefin examine evolution of disease causation theory and its impact on public health, as well as how these relate to the courtroom admissibility of expert opinion evidence.
Political Correctness Revisited, Jan Narveson
Political Correctness Revisited, Jan Narveson
Center for the Study of Ethics in Society Papers
Presented February 19th , 1998 for the Center for the Study of Ethics in Society
Bankruptcy Judges And Bankruptcy Venue: Some Thoughts On Delaware, David A. Skeel Jr.
Bankruptcy Judges And Bankruptcy Venue: Some Thoughts On Delaware, David A. Skeel Jr.
All Faculty Scholarship
No abstract provided.
Can Internet Offerings Bridge The Small Business Capital Barrier?, Jill E. Fisch
Can Internet Offerings Bridge The Small Business Capital Barrier?, Jill E. Fisch
All Faculty Scholarship
Internet technology offers the potential to reduce the search and information costs associated with capital formation. Commentators have suggested that the Web will enable small business to achieve better access to the capital markets. To facilitate this access, they have suggested regulatory reforms to make internet offerings cheaper and easier. At the same time, small business offerings have been identified as among the most risky, offering a caution to those who counsel regulatory reform. This article examines the existing regulatory climate. State and federal regulators have adopted a number of recent reforms to facilitate the use of the internet and …