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Full-Text Articles in Law
Purpose With Profit: Governance, Enforcement, Capital-Raising And Capital-Locking In Low-Profit Limited Liability Companies, J. Haskell Murray, Edward I. Hwang
Purpose With Profit: Governance, Enforcement, Capital-Raising And Capital-Locking In Low-Profit Limited Liability Companies, J. Haskell Murray, Edward I. Hwang
University of Miami Law Review
No abstract provided.
The Very Uncertain Prospect Of Global Convergence In Corporate Governance, Douglas M. Branson
The Very Uncertain Prospect Of Global Convergence In Corporate Governance, Douglas M. Branson
Cornell International Law Journal
No abstract provided.
Corporate Defense Law For Dispersed Ownership, Nicholas L. Georgakopoulos
Corporate Defense Law For Dispersed Ownership, Nicholas L. Georgakopoulos
Hofstra Law Review
The Delaware law regarding defensive tactics has a consistent and unnoticed undercurrent: it favors defenses against attacks that would concentrate corporate ownership. Similar trends seem to be developing in European merger and acquisition law, but they have a different flavor. Europe tries to foster dispersed ownership by discouraging defenses because it starts from an environment of concentrated ownership. Professor Georgakopoulos argues that pursuit of dispersed ownership is justified from an economic perspective and that defenses are intimately related with dispersed ownership. The "semi-entrenched" control that Delaware provides and that firms consistently choose in IPO's and prefer compared to golden parachutes …