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Comparative Law

2009

Selected Works

Jennifer Hill Professor

Articles 1 - 5 of 5

Full-Text Articles in Law

Who's Afraid Of Shareholder Power? A Comparative Law Perspective, Jennifer Hill Feb 2009

Who's Afraid Of Shareholder Power? A Comparative Law Perspective, Jennifer Hill

Jennifer Hill Professor

Who's Afraid of Shareholder Power? A Comparative Law Perspective JENNIFER G. HILL University of Sydney – Faculty of Law; Visiting Professor, Vanderbilt University – School of Law; Research Associate – European Corporate Governance Institute (ECGI) Abstract Shareholder power is back on the regulatory agenda. Although shareholders have traditionally had restricted participatory rights under US corporate law, this paradigm has been challenged in recent times. The shareholder empowerment debate and the Paulson Committee report both raise shareholder power as a serious subject for corporate law reform. Yet, in spite of calls for stronger shareholder rights, there has been great resistance to …


Who’S Afraid Of Shareholder Power? A Comparative Law Perspective, Jennifer Hill Feb 2009

Who’S Afraid Of Shareholder Power? A Comparative Law Perspective, Jennifer Hill

Jennifer Hill Professor

Who's Afraid of Shareholder Power? A Comparative Law Perspective JENNIFER G. HILL University of Sydney – Faculty of Law; Visiting Professor, Vanderbilt University – School of Law; Research Associate – European Corporate Governance Institute (ECGI) Abstract Shareholder power is back on the regulatory agenda. Although shareholders have traditionally had restricted participatory rights under US corporate law, this paradigm has been challenged in recent times. The shareholder empowerment debate and the Paulson Committee report both raise shareholder power as a serious subject for corporate law reform. Yet, in spite of calls for stronger shareholder rights, there has been great resistance to …


Subverting Shareholder Rights: Lessons From News Corp's Migration To Delaware, Jennifer Hill Feb 2009

Subverting Shareholder Rights: Lessons From News Corp's Migration To Delaware, Jennifer Hill

Jennifer Hill Professor

Subverting Shareholder Rights: Lessons from News Corp's Migration to Delaware JENNIFER G. HILL University of Sydney – Faculty of Law; Visiting Professor, Vanderbilt University – School of Law; Research Associate – European Corporate Governance Institute (ECGI) Abstract This article critically analyzes News Corp’s re-incorporation in Delaware against the backdrop of two major contemporary corporate governance debates, relating to shareholder empowerment and convergence theory. Legal scholars opposing greater shareholder power often argue that the lack of shareholder participatory rights under US law provides evidence that such rights are neither desired nor valued by investors. Also, an underlying assumption of convergence theory …


Subverting Shareholder Rights: Lessons From News Corp's Migration To Delaware, Jennifer Hill Feb 2009

Subverting Shareholder Rights: Lessons From News Corp's Migration To Delaware, Jennifer Hill

Jennifer Hill Professor

Subverting Shareholder Rights: Lessons from News Corp's Migration to Delaware JENNIFER G. HILL University of Sydney – Faculty of Law; Visiting Professor, Vanderbilt University – School of Law; Research Associate – European Corporate Governance Institute (ECGI) Abstract This article critically analyzes News Corp’s re-incorporation in Delaware against the backdrop of two major contemporary corporate governance debates, relating to shareholder empowerment and convergence theory. Legal scholars opposing greater shareholder power often argue that the lack of shareholder participatory rights under US law provides evidence that such rights are neither desired nor valued by investors. Also, an underlying assumption of convergence theory …


Subverting Shareholder Rights: Lessons From News Corp's Migration To Delaware, Jennifer Hill Feb 2009

Subverting Shareholder Rights: Lessons From News Corp's Migration To Delaware, Jennifer Hill

Jennifer Hill Professor

Subverting Shareholder Rights: Lessons from News Corp's Migration to Delaware JENNIFER G. HILL University of Sydney – Faculty of Law; Visiting Professor, Vanderbilt University – School of Law; Research Associate – European Corporate Governance Institute (ECGI) Abstract This article critically analyzes News Corp’s re-incorporation in Delaware against the backdrop of two major contemporary corporate governance debates, relating to shareholder empowerment and convergence theory. Legal scholars opposing greater shareholder power often argue that the lack of shareholder participatory rights under US law provides evidence that such rights are neither desired nor valued by investors. Also, an underlying assumption of convergence theory …