Tag: Lucian Bebchuk
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Nation & World
New study suggests staggered boards hurt shareholders
Staggered boards hurt shareholders of hostile bid targets even when a majority of the board is made of independent directors, and they do not appear to benefit shareholders of targets…
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Nation & World
New research questions competition in corporate charters
The dominant state in attracting the incorporations of publicly traded companies is, and has long been, the state of Delaware. Although home to less than one-third of one percent of…