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Series

Corporations

2012

Faculty Publications

Articles 1 - 3 of 3

Full-Text Articles in Law

Consumer Lock-In And The Theory Of The Firm, David Yosifon Jun 2012

Consumer Lock-In And The Theory Of The Firm, David Yosifon

Faculty Publications

When shareholders invest in a corporation they become “locked-in” to the prospects of that firm. A shareholder cannot force the firm to buy back her shares, nor can she force it to dissolve and turn over her pro rata share of its assets. She gets nothing for her capital unless the firm profits and pays dividends, or she finds someone else willing to buy her stock. Corporate law scholars have recognized that capital “lock-in” is both a corporate law solution that enables large-scale business to flourish, and a corporate law problem that threatens the growth and proper governance of big …


Punctilios And Nonprofit Corporate Governance--A Comprehensive Look At Nonprofit Directors' Fiduciary Duties, Thomas Lee Hazen, Lisa Love Hazen Jan 2012

Punctilios And Nonprofit Corporate Governance--A Comprehensive Look At Nonprofit Directors' Fiduciary Duties, Thomas Lee Hazen, Lisa Love Hazen

Faculty Publications

No abstract provided.


Citizens United And The Roberts Court's War On Democracy, Gene Nichol Jan 2012

Citizens United And The Roberts Court's War On Democracy, Gene Nichol

Faculty Publications

No abstract provided.