Author Archives: Harvard Law School Forum on Corporate Governance and Financial Regulation

Court Issues FCPA Rulings Regarding Foreign Business Executives

By Harvard Law School Forum on Corporate Governance and Financial Regulation | Published Sunday, March 17, 2013

In the past two weeks, Judges Richard J. Sullivan and Shira A. Scheindlin of the United States District Court for the Southern District of New York separately issued important rulings in civil Foreign Corrupt Practices Act (“FCPA”) cases against foreign executives of non-U.S.-based companies whose stock is traded on a U.S. stock exchange. Their rulings […]

Click here to read the complete post
Posted in Court Cases, International Corporate Governance & Regulation, Practitioner Publications, Securities Litigation & Enforcement | Tagged , , , , | Comments Off on Court Issues FCPA Rulings Regarding Foreign Business Executives

Anti-Terrorism Act Liability for Financial Institutions

By Harvard Law School Forum on Corporate Governance and Financial Regulation | Published Saturday, March 16, 2013

The past decade has seen a surge in the number of cases brought against financial institutions and other major corporations under the Anti-Terrorism Act, 18 U.S.C. § 2331 et seq. (“ATA”). Plaintiffs alleging injuries by acts of international terrorism have sought to recover treble damages for their injuries from financial institutions on the theory that […]

Click here to read the complete post
Posted in Banking & Financial Institutions, Court Cases, International Corporate Governance & Regulation, Legislative & Regulatory Developments, Practitioner Publications | Tagged , , , | Comments Off on Anti-Terrorism Act Liability for Financial Institutions

Debunking Myths about Activist Investors

By Harvard Law School Forum on Corporate Governance and Financial Regulation | Published Friday, March 15, 2013

Activist investing has become quite the rage in the equity marketplace. Activist investors are proliferating, and there is a marked inflow of new capital to this asset class. The discipline of activist investing is popping up in more conversations about the nature and role of equity investors. As a result, it is occupying the thoughts, […]

Click here to read the complete post
Posted in Corporate Elections & Voting, Practitioner Publications | Tagged | 1 Comment

Delaware Court Raises Bar for Use of “Poison Put” Provisions

By Harvard Law School Forum on Corporate Governance and Financial Regulation | Published Friday, March 15, 2013

In a recent case that arose in the context of a consent solicitation seeking a change of control of a public company, the Delaware Court of Chancery found the target board in breach of its fiduciary duties for not approving a dissident slate for the purposes of preventing a change-of-control-triggered put right in the company’s […]

Click here to read the complete post
Posted in Boards of Directors, Corporate Elections & Voting, Court Cases, Practitioner Publications | Tagged , , , , , , | Comments Off on Delaware Court Raises Bar for Use of “Poison Put” Provisions

Bias and Efficiency: Comparison of Analyst Forecasts and Management Forecasts

By Harvard Law School Forum on Corporate Governance and Financial Regulation | Published Friday, March 15, 2013

In our paper, Bias and Efficiency: A Comparison of Analyst Forecasts and Management Forecasts, we compare the forecast characteristics of analyst forecasts and management forecasts. Frequently, analysts and managers provide similar type of information to investors, namely forecasts. Since managers and analysts have different incentives and different information sets, we empirically test whether those differences […]

Click here to read the complete post
Posted in Academic Research, Accounting & Disclosure, Empirical Research | Tagged , , , | Comments Off on Bias and Efficiency: Comparison of Analyst Forecasts and Management Forecasts

Substantial 2013 Results Already Produced by SRP and SRP-Represented Investors

By Harvard Law School Forum on Corporate Governance and Financial Regulation | Published Thursday, March 14, 2013

Editor’s Note: Lucian Bebchuk is the Director of the Shareholder Rights Project (SRP), Scott Hirst is the SRP’s Associate Director, and June Rhee is the SRP’s Counsel. The SRP, a clinical program operating at Harvard Law School, works on behalf of public pension funds and charitable organizations seeking to improve corporate governance at publicly traded […]

Click here to read the complete post
Posted in Corporate Elections & Voting, Institutional Investors, Program News & Events | Tagged , , , , , , , , , , , | 1 Comment

Questions Surrounding Share Repurchases

By Harvard Law School Forum on Corporate Governance and Financial Regulation | Published Thursday, March 14, 2013

In recent months, a number of companies have repurchased or announced plans to repurchase their shares. Management and boards of directors overseeing companies with significant cash stockpiles yet finding fewer mechanisms to boost earnings may soon need to decide whether or not a share repurchase is the most productive use of their cash. This post […]

Click here to read the complete post
Posted in Practitioner Publications, Securities Regulation | Tagged , , , , , | Comments Off on Questions Surrounding Share Repurchases

SEC Speaks 2013: Waiting for the New Guard

By Harvard Law School Forum on Corporate Governance and Financial Regulation | Published Thursday, March 14, 2013

To be blunt, this year’s “SEC Speaks” conference in Washington, D.C., sponsored by the Practicing Law Institute, was perhaps most remarkable for what did not happen: Mary Jo White, who is widely expected to be easily confirmed as Chairman of the Commission, did not attend. This was, of course, proper and to be expected, but […]

Click here to read the complete post
Posted in Practitioner Publications, Securities Litigation & Enforcement | Tagged , | Comments Off on SEC Speaks 2013: Waiting for the New Guard

Delaware Court Rules on Reverse Triangular Mergers and Anti-Assignment Provisions

By Harvard Law School Forum on Corporate Governance and Financial Regulation | Published Wednesday, March 13, 2013

On February 22, 2013, in Meso Scale Diagnostics, LLC v. Roche Diagnostics GmbH, C.A. No. 5589-VCP (Del. Ch. 2013), Vice Chancellor Parsons of the Delaware Court of Chancery ruled that a provision in a license agreement prohibiting an assignment by operation of law did not apply to a reverse triangular merger. This ruling eliminates the […]

Click here to read the complete post
Posted in Court Cases, Mergers & Acquisitions, Practitioner Publications | Tagged , | Comments Off on Delaware Court Rules on Reverse Triangular Mergers and Anti-Assignment Provisions

2012 Board Practices Report

By Harvard Law School Forum on Corporate Governance and Financial Regulation | Published Wednesday, March 13, 2013

The 2012 Board Practices Report (the “Report”) is the eighth edition published by the Society of Corporate Secretaries and Governance Professionals. The Report presents findings from a survey conducted in July and August 2012 of the Society’s membership, which includes 3,000 individuals from more than 1,600 companies of varying sizes, industries, and organizational structures. The […]

Click here to read the complete post
Posted in Boards of Directors, Practitioner Publications | Tagged , , | Comments Off on 2012 Board Practices Report
Page 760 of 1026
1 … 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 … 1,026