Law Commons^™

Sex And Capital: What They Tell Us About Ourselves, Claire Moore Dickerson

Claire Moore Dickerson

From a Symposium on People of Color, Women, and the Public Corporation: Different perceptions of public corporations and of business enterprises in the US and Ghana underscore differences in those institutions, as well as issues of gender and class.

Understanding Maryland's Business Judgment Rule, Bernard S. Sharfman

Bernard S Sharfman

No abstract provided.

Full Funding: The Future Of Social Security, Benjamin A. Templin

Benjamin A. Templin

Investing the Social Security Trust Fund in a well diversified portfolio of stocks, bonds, and other investments remains the best hope of continuing to fund social insurance without substantially raising taxes or reducing benefits. The problem with investing the Trust Fund in the market is the politically charged issue of government interference in the investment decision and corporate governance. Three primary solutions have emerged to the problems posed by government investment: (1) personal accounts, (2) index investing, and (3) the incorporation of the Trust Fund into a government-owned private corporation as an investment vehicle for the trust fund. This article …

Natural Law And Agency Theory, Michael Lp Lower

Michael LP Lower

Corporate governance scholarship is awash with theories of the firm: these are "stories" or metaphors that try to shed light on the nature and purpose of the firm as an institution and on one or more of the following questions:

(i) how the institution of the firm "evolved" (or its economic or social purpose); (ii) whether "the firm" is a reality or a rhetorical device; and (iii) the relationship between "the firm" and stakeholders, political society and so on.

Theories of the firm are used both to explain and to help develop law and policy. If the theory is misconceived, …