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Articles 361 - 363 of 363
Full-Text Articles in Marketing Law
Explaining The International Ceo Pay Gap: Board Capture Or Market Driven?, Randall Thomas
Explaining The International Ceo Pay Gap: Board Capture Or Market Driven?, Randall Thomas
Vanderbilt Law School Faculty Publications
If we look at convergence through the lens of the Risk Adjustment Theory, then international pay convergence will only occur if U.S. and foreign CEOs' firm-specific risk levels converge. Empirically, this is a difficult claim to test because of the paucity of data available on CEOs' individual wealth levels and stockholdings. The one component we can most easily observe, stock option usage, is presently quite different, with U.S. levels far exceeding those abroad. For the near future, this trend seems likely to continue, making it difficult to forecast convergence any time soon. The international executive pay gap is one of …
Efficiencies And Merger Review In Canada, The European Community, And The United States, Mark A.A. Warner
Efficiencies And Merger Review In Canada, The European Community, And The United States, Mark A.A. Warner
Vanderbilt Journal of Transnational Law
This Article examines economic efficiencies analysis in the merger review processes of Canada, the European Community, and the United States. In recent years, legal counsel, academics, and policymakers have given greater attention to international harmonization and convergence of competition and antitrust law and policy. This trend has been spurred by the increasing acceptance of efficiency-based economics in competition policy generally and in merger policy particularly. The author, nevertheless, asks whether efficiency-based merger analysis also may create new jurisdictional conflicts among national merger enforcement authorities. For instance, a state concerned with its own domestic competitiveness might emphasize domestic efficiency gains in …
State Trading Monopolies In The European Economic Community, Ernst-Joachim Mestmacker
State Trading Monopolies In The European Economic Community, Ernst-Joachim Mestmacker
Vanderbilt Law Review
Governments have long recognized state trading monopolies as convenient devices to achieve political and commercial objectives concurrently, using the leverage of their economic power to political ends and vice versa. The effectiveness of the Boston Tea Party, and its aftermath, in adjusting state trading monopolies to the requirements of free trade settled the problem for the United States only. Thus, when the parties to the Treaty of Rome' agreed to divest themselves of their control over intra-Community trade by the establishment of a customs union, they were faced with the problems posed by their trading monopolies as well. The state …