Open Access. Powered by Scholars. Published by Universities.®
- Keyword
-
- Corporate governance (1)
- Disclosure regime (1)
- Facie jurisdiction (1)
- Foreign issuer (1)
- Globalization (1)
-
- Labor unions (1)
- Market transaction (1)
- Nationality (1)
- Regulation S (1)
- Rent-seeking (1)
- Residency (1)
- Securites Act of 1933 (1)
- Securities Exchange Act of 1934 (1)
- Securities and Exchange Commission (1)
- Securities regulation (1)
- Shareholder activism (1)
- Shareholders (1)
- Statutory reach (1)
- Transborder (1)
Articles 1 - 2 of 2
Full-Text Articles in Law
The Political Economy Of Statutory Reach: U.S. Disclosure Rules In A Globalizing Market For Securities, Merritt B. Fox
The Political Economy Of Statutory Reach: U.S. Disclosure Rules In A Globalizing Market For Securities, Merritt B. Fox
Michigan Law Review
This Article addresses the appropriate reach of the U.S. mandatory securities disclosure regime. While disclosure obligations are imposed on issuers, they are triggered by transactions:- the public offering of, or public trading in, the issuers' shares. Share transactions are taking o n an increasingly transnational character. The barriers to a truly global market for equities continue to lessen: financial information is becoming increasingly globalized and it is becoming increasingly inexpensive and easy to effect share transactions abroad. There are approximately 41,000 issuers of publicly traded shares in the world. For an ever larger portion of these issuers, there will be …
Realigning Corporate Governance: Shareholder Activism By Labor Unions, Stewart J. Schwab, Randall S. Thomas
Realigning Corporate Governance: Shareholder Activism By Labor Unions, Stewart J. Schwab, Randall S. Thomas
Michigan Law Review
Labor unions are active again - but this time as capitalists. The potential strength of union pension funds has long been noted, but until recently unions have held their stock passively or invested in union-friendly companies. In the 1990s, however, unions have become the most aggressive of all institutional shareholders. In most cases, it is hard to find a socialist or proletarian plot in what unions are doing with their shares. Rather, labor activism is a model for any large institutional investor attempting to maximize return on capital. Unions, union pension funds, individual union members, and labor-oriented investment funds are …