- Forecasting the race for the Senate
- Forecasting the race for the House
This massive decision is a primer on Delaware director fiduciary duty. It covers just about all the important issues, with an enormous amount of citations and explanation. It is particularly helpful in showing how directors must meet their disclosure obligations, both to their other directors and to stockholders. It is, of course, very much a product of its unique facts.
What may be its most lasting impact is its conclusion that the deal price in a merger established fair value and that yet again a DCF analysis was defective. At least for publicly traded and well shopped companies, we may be seeing the end of DCF as the preferred measure of value in Delaware. (emphasis added)
via Morris James
Sunstein and I stressed that the goal of a conscientious choice architect is to help people make better choices “as judged by themselves.” But what about activities that are essentially nudging for evil? This “sludge” just mucks things up and makes wise decision-making and prosocial activity more difficult.
日本経済新聞「『決算開示、半期に』 トランプ氏、ＳＥＣに研究指示 透明性確保できぬ恐れ」（2018年8月18付）
Our Experts Respond to President Trump on Securities Regulation, CLS Blue Sky Blog (Aug. 27, 2018)
John C. Coffee, Jr., What Really Drives “Short-Termism”? (Aug. 27, 2018)
James D. Cox, Thinking Holistically Before Dropping Quarterly Reporting (Aug. 27, 2018)
Donald C. Langevoort, Financial Reporting Frequency (Aug. 27, 2018)
Joshua R. Mitts, Quarterly Reporting and Market Liquidity (Aug. 27, 2018)
Charles K. Whitehead, Cutting Disclosure Frequency Is the Wrong Solution to the Wrong Problem (Aug. 27, 2018)