by David Schwartz J.D. CPA, Executive Director | Jul 22, 2014 | All, Change Overview and Rationale, Lender Directed Voting
In the United Kingdom, corporate acquisition deals larger than 25% in relative size are subject to a mandatory shareholder vote, while in most of continental Europe there is no vote, and in Delaware voting is largely discretionary. In a new paper by Marco Becht,...
by David Schwartz J.D. CPA, Executive Director | Jul 21, 2014 | All
It is often said that good corporate governance helps reduce a company’s investment risk, ensures the effective deployment of shareholder capital, and ultimately contributes to the long-term performance of public companies. . . On the other hand, the absence of a...
by David Schwartz J.D. CPA, Executive Director | Jun 29, 2014 | All, Change Overview and Rationale, Commentary
In their 84th Annual Report, the Bank for International Settlements examines the current state of global financial affairs and highlights some trends it sees emerging in the financial framework. While noting that the overall financial system has has gained some...
by David Schwartz J.D. CPA, Executive Director | Jun 19, 2014 | All, Change Overview and Rationale, Formal Regulatory Remedies
In a November 22, 2013 address before the Americans for Financial Reform and Economic Policy Institute Conference, Federal Reserve Board Governor Daniel K. Tarullo outlined a potential regulatory initiative to limit short-term wholesale funding risks. As we mentioned...
by David Schwartz J.D. CPA, Executive Director | Jun 14, 2014 | All, Lender Directed Voting, Procedural Changes
The Economist reports that Mediobanca, an Italian investment bank formed in 1946 assist in the reconstruction of Italian industry, has commenced a planned sell-off of $2.2 billion in equity holdings as part of an effort to refocus the firm on its core mission of...
