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Full-Text Articles in Securities Law

Give Me Equity Or Give Me Death - The Role Of Competition And Compensation In Building Silicon Valley, Richard A. Booth Dec 2006

Give Me Equity Or Give Me Death - The Role Of Competition And Compensation In Building Silicon Valley, Richard A. Booth

Working Paper Series

In this essay, I argue that the preeminence of Silicon Valley as an incubator of technology companies is attributable to equity compensation. Ronald Gilson, relying on the work of AnnaLee Saxenian and others who have noted the tendency of Silicon Valley employees to job hop, has suggested that California law prohibiting the enforcement of non-compete agreements was a major factor in the rise of Silicon Valley (and the demise of Route 128). I extend this line of thought by suggesting that California employers may have relied on equity compensation as a substitute way to bind employees. I argue further that …


Using Spread And Net Trading Range To Measure Risk In Suitability Cases, Richard A. Booth Mar 2006

Using Spread And Net Trading Range To Measure Risk In Suitability Cases, Richard A. Booth

Working Paper Series

Suitability is one of the most common issues that arises in securities arbitrations. Yet it is also one of the most difficult issues to resolve. Up to now there has been no easy and reliable way to compare the risk of one stock or portfolio with another stock or portfolio measured as of the time the investment decision in question was made. As I argued in an earlier article, spread is potentially a promising way to measure risk in real time as perceived collectively by competing market makers. But with the advent of decimal quotes and other recent changes in …


Loopholes In Corporate Environmental Reporting And What Is Being Done To Close Them: A Recent Gao Study Examines The Status Of Environmental Reporting To The Sec And Suggests Improvements, Alessandra Love Simons Jan 2006

Loopholes In Corporate Environmental Reporting And What Is Being Done To Close Them: A Recent Gao Study Examines The Status Of Environmental Reporting To The Sec And Suggests Improvements, Alessandra Love Simons

Villanova Environmental Law Journal

No abstract provided.