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30 Oct 2023, 4:21 pm by Steve Bainbridge
Margaret Blair and Lynn Stout argue the board should function as mediating hierarchs, which would seem to imply an emphasis on managerial decision making. [read post]
15 Oct 2023, 9:05 pm by renholding
Bainbridge himself advocates strong boards pursuing shareholder wealth maximization, while Margaret Blair and Lynn Stout agree on empowering boards while requiring them to mediate among the interests of the various stakeholders. [read post]
8 Feb 2023, 5:01 am by Eugene Volokh
"[2] In the academic sphere, the weight of scholarly opinion has tilted substantially towards stakeholder capitalism in recent years.[3] The late law professor Lynn Stout dismissed shareholder value maximization as a mere myth, albeit a powerful one she claimed "causes companies to indulge in reckless, sociopathic, and socially irresponsible behaviors. [read post]
18 Dec 2022, 2:50 pm by Steve Bainbridge
Many of these scholars have been influenced by the late Lynn Stout’s work on the topic. [read post]
22 Jun 2022, 9:05 pm by J.S. Nelson
It is based on her manuscript, “The Future of Corporate Criminal Liability: Watching the ESG Space,” available here, and her book with the late Lynn Stout, “Business Ethics: What Everyone Needs to Know,” available here. [read post]
26 Apr 2022, 6:30 am by Guest Blogger
Lynn Stout resurrected the argument in the domain of corporate law in The Shareholder Value Myth: How Putting Shareholders First Harms Investors, Corporations, and the Public[6] Omarova and Hockett have done this in the area of finance.[7] Fishkin and Forbath catalog the other areas. [read post]
25 Apr 2022, 9:05 pm by Stephen M. Bainbridge
ENDNOTES [1] Lynn Stout, The Shareholder Value Myth (2012). [2] Lynn A. [read post]
2 Nov 2021, 6:19 am
I first explain how Bebchuk’s work has shaped subsequent research; in particular, I discuss the many significant works by prominent scholars (such as Stephen Bainbridge, Frank Easterbrook and Dan Fischel, Jonathan Macey, Colin Mayer, and Lynn Stout) and prominent practitioners (such as Martin Lipton, Barbara Novick and Leo Strine) that have been written to engage with Bebchuk’s research in various areas. [read post]
25 Oct 2021, 1:20 pm by Emily Dai
The committee will hear testimony from Jennifer Stout, vice president of global public policy at Snap Inc.; Michael Beckerman, vice president and head of public policy in the Americas at TikTok; and Leslie Miller, vice president of government affairs and public policy at YouTube. [read post]
21 Oct 2021, 6:39 am
My article, Team Production Revisited, forthcoming in the Vanderbilt Law Review, reviews and reconsiders Margaret Blair and Lynn Stout’s team production model of corporate law (TPM), offering a favorable evaluation. [read post]
27 Jan 2021, 5:54 am
The team production model of corporate law, a highly influential theory that debuted in a 1999 Virginia Law Review article by Margaret Blair and Lynn Stout, has as its defining feature the idea that the board of directors of a company operates as a mediating hierarchy tasked with balancing the interests of a corporation’s various constituencies in a manner that addresses the challenges associated with fostering “team production” in a corporate setting. [read post]
20 Jan 2021, 9:02 pm by News Desk
Presented to an individual for outstanding service to the public, IAFP and the arena of education in food safety and food protection.Sponsored by: Nelson-Jameson, Inc.2020 Recipient: Lynn M. [read post]
23 Nov 2020, 9:01 pm by News Desk
Presented to an individual for outstanding service to the public, IAFP and the arena of education in food safety and food protection.Sponsored by: Nelson-Jameson, Inc.2020 Recipient: Lynn M. [read post]
1 Sep 2020, 11:10 am by Stefan J. Padfield
Sergio Gramitto, co-author (with Lynn Stout and Tamara Belinfanti) of Citizen Capitalism: How a Universal Fund Can Provide Influence and Income to All just published Artificial Agents in Corporate Boardrooms in the Cornell Law Review. [read post]
18 Feb 2020, 7:49 pm by Adam Levitin
As the late Lynn Stout remarked to me after hearing this tale, "Milken was the financial patient zero. [read post]
3 Jan 2020, 3:00 am by Jim Sedor
National/Federal 2020 Democrats Are Naming Their Fundraising ‘Bundlers’ Amid a Fight Over Big Money in Politics Philadelphia Inquirer – Jonathan Lai and Julia Terruso | Published: 12/26/2019 When it comes to political fundraising, rich people are great. [read post]
12 May 2019, 9:01 pm by Jim Sedor
” by Matt Stout for Boston Globe South Dakota: “Federal Judge Strikes Down IM 24 as Unconstitutional” by Lisa Kaczek for Sioux Falls Argus Leader Ethics National: “Rudy Giuliani Plans Ukraine Trip to Push for Inquiries That Could Help Trump” by Kenneth Vogel for New York Times Canada: “Lynn Beyak Suspended from Senate Over Refusal to Delete Racist Letters from Website” by Joan Bryden (Canadian Press) for Vancouver Sun Florida:… [read post]