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Full-Text Articles in Social and Behavioral Sciences

The "Duty" To Be A Rational Shareholder, David A. Hoffman Feb 2006

The "Duty" To Be A Rational Shareholder, David A. Hoffman

David A Hoffman

How and when do courts determine that corporate disclosures are actionable under the federal securities laws? The applicable standard is materiality: would a (mythical) reasonable investor have considered a given disclosure important. As I establish through empirical and statistical testing of approximately 500 cases analyzing the materiality standard, judicial findings of immateriality are remarkably common, and have been stable over time. Materiality's scope results in the dismissal of a large number of claims, and creates a set of cases in which courts attempt to explain and defend their vision of who is, and is not, a reasonable investor. Thus, materiality …


Gender And Communication At Work: An Introduction, Mary Barrett, Marilyn J. Davidson Jan 2006

Gender And Communication At Work: An Introduction, Mary Barrett, Marilyn J. Davidson

Faculty of Commerce - Papers (Archive)

The last three to four decades have seen a rapid increase in numbers of womenin the workplace worldwide, with more women also entering managerial ranks.However, despite legislation in many countries aimed at furthering women’scapacities to move to the top of their organizations, the phenomenon of the ‘glassceiling’ persists (Davidson and Burke, 2004; Ryan and Haslam, 2005). Publicpolicy documents, academic research and popular books advocating government,industry and organization-level policy initiatives to facilitate women’s advancementcontinue to be published. So-called ‘business case’ arguments, that is, argumentsto the effect that organizations that fail to acknowledge and use the skills of allmembers of their workforce …