Nonprofit Executive Pay As An Agency Problem: Evidence From U.S. Colleges And Universities,
2014
Georgetown University Law Center
Nonprofit Executive Pay As An Agency Problem: Evidence From U.S. Colleges And Universities, Brian D. Galle, David I. Walker
Faculty Scholarship
We analyze the determinants of the compensation of private college and university presidents from 1999 through 2007. We find that the fraction of institutional revenue derived from current donations is negatively associated with compensation and that presidents of religiously-affiliated institutions receive lower levels of compensation. Looking at the determinants of contributions, we find a negative association between presidential pay and subsequent donations. We interpret these results as consistent with the hypotheses that donors to nonprofits are sensitive to executive pay and that stakeholder outrage plays a role in constraining that pay. We discuss the implications of these findings for the …
The Use And Abuse Of Labor's Capital,
2014
Boston University School of Law
The Use And Abuse Of Labor's Capital, David H. Webber
Faculty Scholarship
The recent financial crisis has jeopardized the retirement savings of twenty-seven million Americans who depend on public pension funds, leading to cuts in benefits, increased employee contributions, job losses, and the rollback of legal rights like collective bargaining. This Article examines ways in which public pension funds invest against the economic interests of their own participants and beneficiaries, and the legal implications of these investments. In particular, the Article focuses on the use of public pensions to fund privatization of public employee jobs. Under the ascendant — and flawed — interpretation of the fiduciary duty of loyalty, public pension trustees …
Grand Anse Declaration: Can The Caribbean Community Realistically Integrate Intraregional Trade And Production Within The Confines Of The Caricom Treaty By 1993?,
2014
University of Georgia School of Law
Grand Anse Declaration: Can The Caribbean Community Realistically Integrate Intraregional Trade And Production Within The Confines Of The Caricom Treaty By 1993?, C. Ray Miskelley
Georgia Journal of International & Comparative Law
No abstract provided.
The Cost Of Protectionism: Should The Law Favor Producers Or Consumers?,
2014
Seton Hall University
The Cost Of Protectionism: Should The Law Favor Producers Or Consumers?, Robert W. Mcgee
Georgia Journal of International & Comparative Law
No abstract provided.
China's Human Rights Record Since Tiananmen 1989 And The Recent Mixed Response Of The United States,
2014
Capital University Law & Graduate Center
China's Human Rights Record Since Tiananmen 1989 And The Recent Mixed Response Of The United States, Daniel C. Turack
Georgia Journal of International & Comparative Law
No abstract provided.
The North American Free Trade Agreement (Nafta): Good For Jobs, For The Environment, And For America,
2014
University of Georgia School of Law
The North American Free Trade Agreement (Nafta): Good For Jobs, For The Environment, And For America, Thomas J. Schoenbaum
Georgia Journal of International & Comparative Law
No abstract provided.
Delaware’S Familiarity,
2014
William & Mary Law School
Delaware’S Familiarity, Brian J. Broughman, Darian M. Ibrahim
Popular Media
No abstract provided.
The Pacific War, Continued: Denationalizing International Law In The Senkaku/Diaoyu Island Dispute,
2014
University of Georgia School of Law
The Pacific War, Continued: Denationalizing International Law In The Senkaku/Diaoyu Island Dispute, Joseph Jackson Harris
Georgia Journal of International & Comparative Law
No abstract provided.
European Economic Community - Environmental Policy - Economic And Fiscal Instruments - Report Of The Working Group Of Experts From The Member States Proposes The Use Of Economic And Fiscal Instruments To Attain Community-Wide Environmental Goals,
2014
University of Georgia School of Law
European Economic Community - Environmental Policy - Economic And Fiscal Instruments - Report Of The Working Group Of Experts From The Member States Proposes The Use Of Economic And Fiscal Instruments To Attain Community-Wide Environmental Goals, John B. Nicholson
Georgia Journal of International & Comparative Law
No abstract provided.
Ec Company Law - The European Company V. The European Economic Interest Grouping And The Harmonization Of The National Company Laws,
2014
DeBandt, Van Hecke & Lagae
Ec Company Law - The European Company V. The European Economic Interest Grouping And The Harmonization Of The National Company Laws, Johan De Bruycker
Georgia Journal of International & Comparative Law
No abstract provided.
German Reunification - The Privatization Of Socialist Property On East Germany's Path To Democracy,
2014
University of Georgia School of Law
German Reunification - The Privatization Of Socialist Property On East Germany's Path To Democracy, Michael J. Thomerson
Georgia Journal of International & Comparative Law
No abstract provided.
Toward Win-Win Sustainable Development,
2014
Columbia Law School
Toward Win-Win Sustainable Development, Linda Moon
Columbia Center on Sustainable Investment Staff Publications
An interview with Lisa Sachs, Director of the Columbia Center on Sustainable Investment.
Delaware Law As Lingua Franca: Theory And Evidence,
2014
Vanderbilt University Law School
Delaware Law As Lingua Franca: Theory And Evidence, Brian Broughman, Jesse A. Fried, Darian Ibrahim
Vanderbilt Law School Faculty Publications
Why would a firm incorporate in Delaware rather than in its home state? Prior explanations have focused on the inherent features of Delaware corporate law, as well as the positive network externalities created by so many other firms domiciling in Delaware. We offer an additional explanation: a firm may choose Delaware simply because its law is nationally known and thus can serve as a “lingua franca” for in-state and out-of-state investors. Analyzing the incorporation decisions of 1,850 VC-backed startups, we find evidence consistent with this lingua-franca explanation. Indeed, the lingua-franca effect appears to be more important than other factors that …
Reinventing Copyright And Patent,
2014
Bar-Ilan University Faculty of Law
Reinventing Copyright And Patent, Abraham Bell, Gideon Parchomovsky
Michigan Law Review
Intellectual property systems all over the world are modeled on a one-size-fitsall principle. However important or unimportant, inventions and original works receive the same scope of protection, for the same period of time, backed by the same variety of legal remedies. Essentially, all intellectual property is equal under the law. This equality comes at a heavy price, however. The equality principle gives all creators access to the same remedies, even when those remedies create perverse litigation incentives. Moreover, society overpays for innovation through more monopoly losses than are strictly necessary to incentivize production. In this Article, we propose a solution …
Market Efficiency And The Problem Of Retail Flight,
2014
University of Michigan Law School
Market Efficiency And The Problem Of Retail Flight, Alicia J. Davis
Articles
In 1950, 91 % of common stock in the U.S. was owned directly by individual inves tors. Today, that percentage stands at only 23%. The mass exodus of retail investors and their investment dollars has negative implications not only for capital formation and investor protection, but also for market efficiency. Individual investors are often assumed to be noise traders who distort stock prices and harm market functioning. Therefore, some argue that their withdrawal from the market should be of little concern; indeed, it should be celebrated. Recent empirical evidence calls this assertion of retail noise trading into doubt, and this …
Saving Sharks By Nudging Change,
2014
Singapore Management University
Saving Sharks By Nudging Change, Tan K. B. Eugene
Research Collection Yong Pung How School Of Law
In a commentary, SMU Associate Professor of Law and an ‘I’m FINished with FINS’ campaign ambassador Eugene Tan welcomed Parliament’s passing of the Animals and Birds (Amendment) Bill. He commented that the Bill, which seeks to enhance the welfare and responsible care of animals, is important as he felt that our treatment of non-human beings, which share the same space we do, speaks equally to what we are as a society as well as our sense of well-being and responsibility to creatures unable to protect themselves. Citing the silent, unfolding phenomenon of the declining popularity of shark’s fin soup in …
The Reauthorization Of Exon-Florio: A Battle Between Spurring The U.S. Economy And Protecting National Security,
2014
University of Georgia School of Law
The Reauthorization Of Exon-Florio: A Battle Between Spurring The U.S. Economy And Protecting National Security, Ellison F. Mccoy
Georgia Journal of International & Comparative Law
No abstract provided.
Russian Membership In The Imf: A Look At The Problems, Past And Present,
2014
University of Georgia School of Law
Russian Membership In The Imf: A Look At The Problems, Past And Present, Buck Wiley
Georgia Journal of International & Comparative Law
No abstract provided.
North American Free Trade Agreement: The Public Debate,
2014
University of Tennessee
North American Free Trade Agreement: The Public Debate, Frances Lee Ansley
Georgia Journal of International & Comparative Law
No abstract provided.
The Legal Framework For Private Sector Development In A Transitional Economy: The Case Of Poland,
2014
World Bank
The Legal Framework For Private Sector Development In A Transitional Economy: The Case Of Poland, Cheryl W. Gray, Rebecca J. Hanson, Michael A. Heller, Peter G. Ianachkov, Daniel T. Ostas
Georgia Journal of International & Comparative Law
No abstract provided.
