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Full-Text Articles in Law

Accurate Calculation Of Short-Swing Profits Under Section 16(B) Of The Securities Exchange Act Of 1934, Andrew Chin Jul 2017

Accurate Calculation Of Short-Swing Profits Under Section 16(B) Of The Securities Exchange Act Of 1934, Andrew Chin

Andrew Chin

No abstract provided.


Rethinking Corporate Governance For A Bondholder Financed, Systemically Risky World, Steven L. Schwarcz Mar 2017

Rethinking Corporate Governance For A Bondholder Financed, Systemically Risky World, Steven L. Schwarcz

William & Mary Law Review

This Article makes two arguments that, combined, demonstrate an important synergy: first, including bondholders in corporate governance could help to reduce systemic risk because bondholders are more risk averse than shareholders; second, corporate governance should include bondholders because bonds now dwarf equity as a source of corporate financing and bond prices are increasingly tied to firm performance.