Stock Market Short-Termism: Law, Regulation, and Reform
Autor Kim M. Willeyen Limba Engleză Paperback – 14 aug 2020
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Specificații
ISBN-13: 9783030229054
ISBN-10: 303022905X
Pagini: 288
Ilustrații: XXI, 288 p. 11 illus., 6 illus. in color.
Dimensiuni: 148 x 210 mm
Greutate: 0.37 kg
Ediția:1st ed. 2019
Editura: Springer International Publishing
Colecția Palgrave Macmillan
Locul publicării:Cham, Switzerland
ISBN-10: 303022905X
Pagini: 288
Ilustrații: XXI, 288 p. 11 illus., 6 illus. in color.
Dimensiuni: 148 x 210 mm
Greutate: 0.37 kg
Ediția:1st ed. 2019
Editura: Springer International Publishing
Colecția Palgrave Macmillan
Locul publicării:Cham, Switzerland
Cuprins
Chapter 1. Introduction.- Chapter 2. Defining the Issues.- Chapter 3. Short-Termism, An Evolving Concern?.- Chapter 4. What Has Been Done to Correct Short-Termism?.- Chapter 5. Is There A Short-Termism Problem At All?.- Chapter 6. Short-Termism Transmission Mechanisms.- Chapter 7. What Are The Harms Of Short-Termism?.- Chapter 8: Dual Pathway For Short-Termism Reform.- Chapter 9. Conclusion.
Notă biografică
Kim M. Willey is a corporate mergers and acquisitions lawyer with 15+ years of experience advising boards of directors and senior executives of listed companies, including companies listed on the New York Stock Exchange, the London Stock Exchange, and the Toronto Stock Exchange. She currently advises as a corporate legal consultant, and teaches Business Associations at the Faculty of Law, University of Victoria, Canada.
Textul de pe ultima copertă
Consideration of harmful short-termism in capital markets is prevalent amongst legal and business academics. It is also garnering increased attention in corporate board rooms and executive suites, and from the investing public. As a result, correcting perceived short-termism in capital markets has become a rationale for reform used by regulators across the globe. Despite the considerable attention given to this phenomenon, there has not yet been a comprehensive book analyzing the perceived short-termism problem, its sources and causes, and reform efforts undertaken to date. This book fills this gap by documenting the rise of the short-termism discussion, analyzing the significance of the problem, and considering the proposed legal remedies. Based on this analysis, a framework for effective short-termism reform is offered.
Kim M. Willey is a corporate mergers and acquisitions lawyer with 15+ years of experience advising boards of directors and senior executives of listed companies, including companies listed on the New York Stock Exchange, the London Stock Exchange, and the Toronto Stock Exchange. She currently advises as a corporate legal consultant, and teaches Business Associations at the Faculty of Law, University of Victoria, Canada.
Caracteristici
Includes a forward by Martin Lipton, founding partner of the law firm of Wachtell, Lipton, Rosen & Katz Provides a detailed examination of the term ‘short-termism’ and its narrower application to the context of stock market investing Examines the development of the stock market short-termism concept from the 1970s to its widespread usage post-global financial crisis Explores the most significant regulatory and financial industry reforms to address the short-termism problem, and analyzes their effectiveness Considers how the problem of short-termism is transmitted into listed companies and the harms of such short-termism