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Regulatory Measures to Dismantle Pyramidal Business Groups: Evidence from the United States, Japan, Korea and Israel
Large business enterprises, from the railroad barons of nineteenth century America to Amazon and Google today, are often perceived as important for...
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For Whom is the Corporation Managed in 2020?: The Debate over Corporate Purpose
A high profile public debate is taking place over one of the oldest questions in corporate law, namely, “For whom is the corporation managed?” In...
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Power and Statistical Significance in Securities Fraud Litigation
Event studies, a half-century-old approach to measuring the effect of events on stock prices, are now ubiquitous in securities fraud litigation. In...
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OOPs! The Inherent Ambiguity of Out-of-Pocket Damages in Securities Fraud Class Actions
Most securities fraud class actions under SEC Rule 10b-5 involve revelation of negative information about the defendant company that should have been...
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The Law and Practice of Shareholder Inspection Rights: A Comparative Analysis of China and the U.S.
Shareholder inspection rights allow a shareholder to access the relevant documents of the company in which they hold an interest, so as to address the...
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