The SEC adopted Regulation FD (Reg FD) to address the selective disclosure by issuers of material nonpublic information. Selective disclosure results...
This article examines the economic underpinnings of the concept of corporate purpose, which has gained increasing attention from business academics,...
For at least a century, the publicly traded firm has dominated America’s corporate economy. Might this era be coming to an end? There has been...Read more
In appraisal cases, shareholders have the right to have a judge determine the “fair value” of their shares. These cases bring economic analysis...Read more
While disclosure regulation is often viewed as critical in promoting capital formation and the well-functioning of capital markets, tightening...Read more