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The current model of corporate governance needs reform. There is mounting evidence that the practices of shareholder primacy drive company directors and executives to adopt the same short time horizon as financial markets. Pressure to meet the demands of the financial markets drives stock...
Persistent link: https://www.econbiz.de/10012846214
This collection explores the proposition that state constitutions reflect distinctive state peoples. In the American system, state governments have no ability to control who their citizens are and, given the constraints of the First Amendment, very little ability to control the cultural...
Persistent link: https://www.econbiz.de/10012780407
This Article proposes several routes to reverse Citizens United, the Supreme Court case holding that corporate campaign spending is “speech” protected by the First Amendment. The core problem of Citizens United is that corporations are illegitimate participants in our politics. Corporate law...
Persistent link: https://www.econbiz.de/10013017277
Business corporations are critical institutions in our democratic republican market-based economic order. The United States Constitution, however, is completely silent as to their status in our system. The Supreme Court has filled this silence by repeatedly granting corporations rights against...
Persistent link: https://www.econbiz.de/10013017431