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A bill currently pending in Congress would render unenforceable mandatory arbitration clauses in all employment … empirically. In this paper, we ask whether CEOs bargain to include binding arbitration provisions in their employment contracts … of change, and that have lower long-term profitability are statistically significantly more likely to have arbitration …
Persistent link: https://www.econbiz.de/10014215355
degrade corporate culture, generate moral hazard, and deny justice to the otherwise worthy plaintiff …
Persistent link: https://www.econbiz.de/10014103038
This speech explores the limits of company directors' obligations to protect the public interest by ensuring compliance by their company with its legal and regulatory obligations, and in going 'beyond the law' to promote good environmental, social and governance (ESG) outcomes and preserve the...
Persistent link: https://www.econbiz.de/10014104769
In the aftermath of an array of economic failures, there is a growing movement to reform executive compensation. Concerned that executive compensation structures reward inappropriate risk taking and create a short-term perspective, the United States and the European Union are taking steps to...
Persistent link: https://www.econbiz.de/10013067371
perception (or, is it more an illusion) of anonymity on the internet where posters perceive they are at once protected and …
Persistent link: https://www.econbiz.de/10013070676
The corporate governance debate has, in the last two decades, reached a stronghold in Europe. Perhaps the most valuable aspect of a company's governance is the constitution of its boardroom. Non-executive directors, in their independent and impartial, supposedly external nature, serve to keep...
Persistent link: https://www.econbiz.de/10013075071
This Article describes the results from fifty-seven interviews with corporate directors and a limited number of other persons (including institutional investors, search firm personnel, and the like) regarding their views on corporate board diversity. It highlights numerous tensions in these...
Persistent link: https://www.econbiz.de/10013063819
Directors wield increasing influence in corporate America, making pivotal decisions regarding corporate affairs and management. A robust literature recognizes directors' important role and examines their incentives and performance. In particular, scholars have worried that “busy...
Persistent link: https://www.econbiz.de/10012848171
This chapter outlines the integrated approach taken to statutory interpretation of directors' duties in the UK in order to highlight how the interaction between case law and the reading of statutes affects the development of the common law. It highlights, and explains the reasons for, the...
Persistent link: https://www.econbiz.de/10012830617
Dozens of judicial opinions have held that shareholders own corporations, that directors are agents of shareholders, and even that directors are trustees of shareholders' property. Yet, until now, it has never been proven. These doctrines rest on unsubstantiated assumptions. In this book the...
Persistent link: https://www.econbiz.de/10012840334