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Full-Text Articles in Law

The Future Of Shareholder Democracy, Lisa Fairfax Oct 2009

The Future Of Shareholder Democracy, Lisa Fairfax

All Faculty Scholarship

This Article seeks to ascertain the impact of the Securities and Exchange Commission's rejection in 2007 of a proxy access rule, a rule that would have required corporations to include shareholder-nominated candidates on the ballot. On the one hand, the SEC's rejection appears to be a stunning blow to the shareholders' rights campaign because many shareholders' rights advocates have long considered access to the corporate ballot as the "holy grail" of their campaign for increased shareholder power. On the other hand, some corporate experts maintain that characterizing proxy access as the indispensable ingredient for sufficient shareholder influence fails to appreciate …


Female Investors And Securities Fraud: Is The Reasonable Investor A Woman?, Joan Macleod Heminway Feb 2009

Female Investors And Securities Fraud: Is The Reasonable Investor A Woman?, Joan Macleod Heminway

William & Mary Journal of Race, Gender, and Social Justice

Let's face it. Women and men are different in more than just the biological sense. These differences play themselves out in a variety of contexts. Some of them are meaningful in theory or in reality; others are not.

Given an increase in women's involvement in business and finance, it is unsurprising that a multidisciplinary literature is emerging at the intersection of sex or gender differences and corporate governance. Much of the work in this area has centered on women and boards of directors and women in the executive ranks. However, it is important to focus on women not only as …