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- William Ackman
- Peter Atkins
- David Bell
- Kerry E. Berchem
- Richard Brand
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- Paul Choi
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- Arthur B. Crozier Christine Davine
- Renata J. Ferrari
- John Finley
- Andrew Freedman
- Ray Garcia
- Byron Georgiou
- Joseph Hall
- Jason M. Halper
- Paul Hilal
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HLS Faculty & Senior Fellows
Author Archives: Victoria Sidoti
The Chamber and NCPPR file brief challenging SEC climate disclosure rule
As you probably recall, in March 6, the SEC adopted final rules “to enhance and standardize climate-related disclosures by public companies and in public offerings.” (See this PubCo post, this PubCo post, this PubCo post, and this PubCo post.) Even though, in the final rules, the SEC scaled back significantly on the proposal—including putting the kibosh on the controversial mandate for […]
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Posted in Practitioner Publications
Tagged Climate, Climate Disclosure, climate rule, SEC
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Climate Disclosure Update
Pencils down on climate disclosure compliance? Not so fast. It is uncertain when or if the SEC’s new climate disclosure rules will come into effect. The ultimate fate of the rules is unclear given the litigation over the rules in the Eighth Circuit. In addition, the SEC recently stayed the rules pending resolution of the […]
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Posted in Practitioner Publications
Tagged Climate, Climate Disclosure, CSRD, ESG, SEC
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Beyond Risk: Voluntary Disclosure Under Ambiguity
Ambiguity, also known as Knightian uncertainty, is rooted in nearly every real-life decision process. It refers to situations in which both the outcome and the probabilities governing the set of possible outcomes are unknown. Risk, on the other hand, refers to situations where the future outcome is unknown, but the set of possible outcomes is […]
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Posted in Academic Research
Tagged Ambiguity, Ambiguity Aversion, Earnings Guidance, Management Guidance, Risk, Risk Aversion
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Should Universities Take a Stand on Public Issues? How Effectively Are Universities Governed?
Harvard and many of our most respected universities are going through a period of unprecedented turmoil. In a recent Harvard Magazine article entitled “Why Americans Love to Hate Harvard,” former Harvard President Derek Bok described the “rising tide of antagonism to higher education.” Why is this happening? Public hostility and mistrust of higher education undoubtedly […]
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Posted in Academic Research
Tagged Harvard University, higher education, non-profit governance, university governance
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Delaware Court Denies Dismissal of Claims Based on Controller and Financial Advisor Conflicts
On May 31, 2024, the Delaware Court of Chancery issued an important decision addressing several key areas of Delaware law related to merger litigation. The opinion indicates that the court will continue to closely scrutinize potential conflicts of interest in M&A transactions involving controlling stockholders and financial advisors, particularly as to disclosures concerning their fees […]
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Posted in Delaware Law Series, Practitioner Publications
Tagged Controlling shareholders, delaware, Delaware law, disclosures, Financial advisers, M&A, Merger litigation
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Court calls a halt to Exxon case against Arjuna
In January, ExxonMobil filed a lawsuit against Arjuna Capital, LLC and Follow This, the two proponents of a climate-related shareholder proposal submitted to Exxon, seeking a declaratory judgment that it may exclude their proposal from its 2024 annual meeting proxy statement. Then, the two proponents notified Exxon that they had withdrawn their proposal and promised not […]
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Posted in Practitioner Publications
Tagged Activism, Arjuna, climate proposal, Exxon, ExxonMobil
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Vice Capital
The ESG movement has spurred consideration of how investors express positive values in their startup investment decisions. Less examined is the mirror phenomenon—how startups in stigmatized industries access capital. In a move to fill that gap, in our forthcoming article, Vice Capital, we conduct an interview-based study, supplemented with descriptive data, on the funding of […]
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Posted in Academic Research
Tagged Entrepreneurship, ESG, minority entrepreneurs, sin industries, sin stocks, Venture Capital, vice capital
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Weekly Roundup: June 14-20, 2024
Developments and Trends in Delaware Officer Exculpation Charter Amendments Posted by Andrew J. Noreuil and Andrew J. Stanger, Mayer Brown LLP, on Friday, June 14, 2024 Tags: charter, delaware, Delaware law, DGCL, OEA, officer exculpation, Stockholder How Should Compensation Committees View 2024 Say on Pay Results? Posted by Blair Jones, Austin Vanbastelaer, Justin Beck, Semler […]
Click here to read the complete postShareholders are Not An Antitrust Problem
Not to suggest that they are making up their mind before hearing the evidence, but the House Subcommittee on the Administrative State, Regulatory Reform, and Antitrust may be suggesting their conclusion by titling the June 12 hearing “Climate Control: Decarbonization Collusion in Environmental, Social, and Governance (ESG) Investing.” Having failed to persuade anyone last year […]
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Posted in Practitioner Publications
Tagged Antitrust, investors, SEC, Shareholders
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Covid-19 Motivated Changes to Executive Compensation
The COVID-19 pandemic created unprecedented challenges for corporations, leading them to reassess crucial practices including executive compensation, a key component of corporate governance. In our recent article titled, “COVID-19 Motivated Changes to Executive Compensation,” we examine the conditions under which corporations chose to reduce CEO salaries during the pandemic and offer new insights into shareholder […]
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Posted in Academic Research
Tagged CEO Pay, COVID, COVID-19, Executive Compensation, pay cut
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