in the difficult task of long-term capital allocation. 165 Page 1 Traditionally, corporate fiduciary
duties are said to run to the corporation itself But what does this mean? Something, this Article …

By some accounts, more than $2.6 trillion in untaxed profits of US companies are held in
offshore jurisdictions. 1 These jurisdictionstypically small, sun-drenched islands with …

The Securities and Exchange Commission's aggressive prosecution of securities violations
inside administrative proceedings (APs) has generated backlash. Key stakeholders are now …

This Article studies regulatory strategies to address the potential systemic risk of hedge fund
operation in financial markets. Due to the implications of the choice of regulatory strategies …

This project explores side letters in private market funds. Side letters, separate agreements
between a fund and an investor, act as an invisible amendment to the main contract. This …

We present a general framework for understanding why firms are slow to make major
strategic changes in a wide range of empirical settings. We then apply this framework to …

Today, pension'assets are primarily invested in stocks, bonds, cash, cash equivalents such
as money market and stable value funds, and investment funds including mutual funds …

The origin of this text was suggested by a representative of Palgrave Macmillan at the
Eastern Economic Association in 2015, when it was noted that I was to deliver a paper on …

Elite opinion holds as a virtual article of faith that corporations should be managed for the
long term. Former Delaware Chief Justice Leo Strine argued" that the generation of durable …

Stephen Sanger is one of America's preeminent executives and directors. Sanger served as
chairman and chief executive officer of General Mills, Inc. for the final thirteen years of his …