<p>The following is a series of corporate governance principles for public companies, their board of directors and their shareholders. These principles are intended to provide a basic framework for sound, long-term- oriented governance.
But given the differences among our many public companies – including their size, their products and services, their history and their leadership – not every principle (or every part of every principle) will work for every company, and not every principle will be applied in the same fashion by all companies.</p>
We explore differences in the levels of dispersed ownership that lead to a second returns-based free float hedging factor, which augments the capital...
The only profit-seeking business enterprises chartered by a federal government agency are banks. Yet, there is barely any scholarship justifying this...
This Article provides a comprehensive legal analysis of the Federal Reserve’s response to the 2020 economic and financial crisis. First, it examines...