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Articles 1 - 11 of 11
Full-Text Articles in Law
Mdps, Spinning, And Wouters V. Nova, Laurel S. Terry
Mdps, Spinning, And Wouters V. Nova, Laurel S. Terry
Faculty Scholarly Works
This article is one of a series of articles by Professor Laurel Terry regarding the topic of MDPs of multidisciplinary partnerships. In February 2002, the European Court of Justice issued its opinion in Wouters v. NOVA (Case C-309/99), which addressed a Netherlands Bar rule that prohibited multidisciplinary partnerships (MDPs) between lawyers and accountants. Wouters decided: 1) that the bar was an “undertaking” that was subject to the competition (antitrust) provision in the EU Treaty; 2) that the Dutch MDP ban restricted competition and that this restriction on competition was appreciable and affected intra-community trade; 3) that the Dutch MDP ban …
The Numbers Game: Manipulation Of Financial Reporting By Corporations And Their Executives, Manuel A. Rodriguez
The Numbers Game: Manipulation Of Financial Reporting By Corporations And Their Executives, Manuel A. Rodriguez
University of Miami Business Law Review
No abstract provided.
Professionalism Consequences Of Law Firm Investments In Clients: An Empirical Assessment, Royce De R. Barondes
Professionalism Consequences Of Law Firm Investments In Clients: An Empirical Assessment, Royce De R. Barondes
Faculty Publications
This article examines two principal hypotheses: Hypothesis 1: Law firm investments in clients diminish the extent to which those law firms require issuers to disclose adverse information in IPO prospectuses. Hypothesis 2: Those law firms that are willing to invest in their clients are generally less aggressive in requiring their clients, in their IPOs, to disclose adverse information in their IPO prospectuses.
International Harmonization Of Accounting Standards: A Holy Grail That Exceeds Even The Grasp Of Indiana Jones: A Comment On Jeffrey, Jason H. P. Kravitt
International Harmonization Of Accounting Standards: A Holy Grail That Exceeds Even The Grasp Of Indiana Jones: A Comment On Jeffrey, Jason H. P. Kravitt
Duke Journal of Comparative & International Law
No abstract provided.
International Harmonization Of Accounting Standards, And The Question Of Off-Balance Sheet Treatment, Peter Jeffrey
International Harmonization Of Accounting Standards, And The Question Of Off-Balance Sheet Treatment, Peter Jeffrey
Duke Journal of Comparative & International Law
No abstract provided.
International Convergence Of Accounting Standards: A Comment On Jeffrey, Karel Van Hulle
International Convergence Of Accounting Standards: A Comment On Jeffrey, Karel Van Hulle
Duke Journal of Comparative & International Law
No abstract provided.
11th Biennial Midwest/Midsouth Securities Law Conference, Office Of Continuing Legal Education At The University Of Kentucky College Of Law
11th Biennial Midwest/Midsouth Securities Law Conference, Office Of Continuing Legal Education At The University Of Kentucky College Of Law
Continuing Legal Education Materials
Materials from the UK/CLE 11th Biennial Midwest/Midsouth Securities Law Conference held in February 2002.
Put-Call Parity And The Law, Michael S. Knoll
Put-Call Parity And The Law, Michael S. Knoll
All Faculty Scholarship
A common literary theme is the conflict between appearance and reality. That conflict also frequently arises in the law, where it is usually cast as one between substance and form. Another discipline in which the conflict arises is finance, where it appears in the put-call parity theorem. That theorem states that given any three of the four following financial instruments--a riskless zero-coupon bond, a share of stock, a call option on the stock, and a put option on the stock--the fourth instrument can be replicated. Thus, the theorem implies that any financial position containing these assets can be constructed in …
Comment: The Multi-Disciplinary Practice Of Certified Public Accountants And Lawyers, Andrew D. Bailey Jr.
Comment: The Multi-Disciplinary Practice Of Certified Public Accountants And Lawyers, Andrew D. Bailey Jr.
Case Western Reserve Law Review
No abstract provided.
The Mdp Challenge In The Context Of Globalization, Bryant G. Garth, Carole Silver
The Mdp Challenge In The Context Of Globalization, Bryant G. Garth, Carole Silver
Case Western Reserve Law Review
No abstract provided.
Managerial Power And Rent Extraction In The Design Of Executive Compensation, David I. Walker
Managerial Power And Rent Extraction In The Design Of Executive Compensation, David I. Walker
Faculty Scholarship
This paper develops an account of the role and significance of managerial power and rent extraction inexecutive compensation. Under the optimal contracting approach to executive compensation, which has dominated academic research on the subject, pay arrangements are set by a board of directors that aims to maximize shareholder value. In contrast, the managerial power approach suggests that boards do not operate at arm's length in devising executive compensation arrangements; rather, executives have power to influence their own pay, and they use that power to extract rents. Furthermore, the desire to camouflage rentextraction might lead to the use of inefficient pay …