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Full-Text Articles in Business

Current Trends In Insider Trading Prosecutions, David Rosenfeld Jan 2024

Current Trends In Insider Trading Prosecutions, David Rosenfeld

University of Pennsylvania Journal of Business Law

No abstract provided.


Taxing Contractual Complexity, Michael Simkovic, Meirav Furth-Matzkin Jan 2024

Taxing Contractual Complexity, Michael Simkovic, Meirav Furth-Matzkin

University of Pennsylvania Journal of Business Law

Consumers rarely understand contracts offered by sellers. It does not make sense for consumers to invest in understanding these contracts because they are typically complex, time and attention are limited, and the value at stake is often low. Because consumers don’t understand contracts and information sharing among consumers is costly, sellers can profit by drafting contracts that harm consumers more than they benefit sellers. Sellers who would like to offer efficient contracts face competitive pressures not to do so because consumers who do not understand contracts cannot appreciate the benefits. Ideally, contracts would be simpler and easier to understand, but …


Vol. 26, No. 1 Table Of Contents Jan 2024

Vol. 26, No. 1 Table Of Contents

University of Pennsylvania Journal of Business Law

No abstract provided.


The Corporation In An Age Of Divisiveness, Peer Zumbansen Jan 2024

The Corporation In An Age Of Divisiveness, Peer Zumbansen

University of Pennsylvania Journal of Business Law

The debate around the public purpose of the corporation is not a new one. But it has flared up again recently due to widespread critique of deepening socio-economic inequality, corporate inequities regarding gender and race and the seeming inability of governments and businesses alike to adequately address the catastrophic impact of climate change. As the corporation holds a firmly established place in the universe of economic and financial affairs, it – like the markets in which it operates – is is typically depicted as a private affair. Any regulation of the corporation, thus, tends to be critiqued as an unjustified …


Breaking Down Silos: The Selection Of Corporate Headquarters' Locations By Businesses, Ronni Mok Jan 2024

Breaking Down Silos: The Selection Of Corporate Headquarters' Locations By Businesses, Ronni Mok

University of Pennsylvania Journal of Business Law

No abstract provided.


Volume 26 Masthead Jan 2024

Volume 26 Masthead

University of Pennsylvania Journal of Business Law

No abstract provided.


Tooley Brooks No Exceptions—Equity Dilution Is Direct, Christine J. Chen, Y. Carson Zhou Jan 2024

Tooley Brooks No Exceptions—Equity Dilution Is Direct, Christine J. Chen, Y. Carson Zhou

University of Pennsylvania Journal of Business Law

Today's corporate pie versus the "classical" view of equity dilution as a derivative claim.


Women In Power: Clearing Pathways For Women To Rise To Positions Of Organizational Leadership, Cindy A. Schipani, Terry Morehead Dworkin, Bettina C.K. Binder Jan 2024

Women In Power: Clearing Pathways For Women To Rise To Positions Of Organizational Leadership, Cindy A. Schipani, Terry Morehead Dworkin, Bettina C.K. Binder

University of Pennsylvania Journal of Business Law

In 1973, Eleanor Sheldon became the first woman on the board of the organization that became Citicorp. A few years later she was also on the boards of Mobil Corporation and H.J. Heinz Company. She saw herself “as a beginning, not a token.” Despite this promising beginning, almost fifty years later, women are still often treated as tokens on a majority of boards. There have been several initiatives implemented in the last few years to help move beyond tokenism, however. Having women on boards means not only that more women are moving into positions of influence, but also, improved performance …