20 research outputs found
A New Urban Front for Shareholder Primacy
The hundredth anniversary of Dodge v. Ford marks an occasion to reflect upon what, if anything, has changed about shareholder primacy in a century. Seizing this opportunity, in this Article I analyze new local laws and ordinances that promote stakeholder governance and engagement, which seek to protect the interests of non-shareholder constituencies such as workers, the environment, and the communities in which corporations operate, among others. In doing so, I argue that such local laws meaningfully differ from traditional stakeholder protections, most significantly in the way that they weaken managerial accountability to shareholders. The emergence of these city laws challenges â and thus creates a new urban front for â shareholder primacy, with both practical implications for the community benefits movement as well as theoretical implications for our understanding of corporate law
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Gallery-Supported Art Exhibitions: Critiquing âCrayolaâ
For-profit art galleries are making news for the donations they are providing to nonprofit art organizations to support exhibitions by artists these galleries represent (part of a broader practice I term âcrayola,â in reference to payola, the word invented to describe a similar practice of paying for airtime on radio and television). Yet nonprofit art organizations are committed to advancing art for the public interest, not for private profit. This Article examines whether there are any meaningful limits on crayola gallery donations that support art exhibitions at nonprofit arts organizations, focusing on the legal framework governing federal tax-exempt status, as well as the self-regulatory rules and informal norms of the art industry. Does the existing regime allow gallery-supported art exhibitions or do these activities contravene nonprofit art organizationsâ missions? What short-term and long-term solutions are available and appropriate in light of the causes and context of gallery-supported art exhibitions? These questions are animated by the broader dialogue about equitable access to publicly funded resources, with the answers having important implications for what it means to promote art that is representative of American society
A New Urban Front for Shareholder Primacy
The hundredth anniversary of Dodge v. Ford marks an occasion to reflect upon what, if anything, has changed about shareholder primacy in a century. Seizing this opportunity, in this Article I analyze new local laws and ordinances that promote stakeholder governance and engagement, which seek to protect the interests of non-shareholder constituencies such as workers, the environment, and the communities in which corporations operate, among others. In doing so, I argue that such local laws meaningfully differ from traditional stakeholder protections, most significantly in the way that they weaken managerial accountability to shareholders. The emergence of these city laws challenges â and thus creates a new urban front for â shareholder primacy, with both practical implications for the community benefits movement as well as theoretical implications for our understanding of corporate law
What Offices Can Teach
âGood rooms enable good teaching.â T. Vaughan (1991)
Discussions about how physical environments impact student learning often center on the layout and placement of classrooms. In the law clinic context, these discussions also focus on the design of clinic office spaces. Much less attention has been paid to how clinical faculty members can (and do) use their own offices to create physical spaces that advance clinical learning goals and pedagogy. This poster presentation shows how clinical faculty members are turning their faculty offices into collaborative and motivational learning spaces by paying attention to the design and decoration of their offices.Poster presented at the 39th Association of American Law Schools (AALS) Conference on Clinical Legal Education, Clinics and Communities: Exploring Community Engagement Through Clinical Education in Baltimore, MD, April 30 - May 3, 2016.http://deepblue.lib.umich.edu/bitstream/2027.42/133527/1/Burand&Choike_WhatOfficesCanTeach_poster.jpgDescription of Burand&Choike_WhatOfficesCanTeach_poster.jpg : Poste
Feminist Judgments: Corporate Law Rewritten
Corporate law has traditionally assumed that men organize business, men profit from it, and men bring cases in front of male judges when disputes arise. It overlooks or forgets that women are dealmakers, shareholders, stakeholders, and businesspeople too. This lack of inclusivity in corporate law has profound effects on all of society, not only on women\u27s lives and livelihoods. This volume takes up the challenge to imagine how corporate law might look if we valued not only women and other marginalized groups, but also a feminist perspective emphasizing the importance of power dynamics, equity, community, and diversity in corporate law. Prominent lawyers and legal scholars rewrite foundational corporate law cases, and also provide accompanying commentary that situates each opinion in context, explains the feminist theories applied, and explores the impact the rewritten opinion might have had on the development of corporate law, business, and society.https://digitalcommons.law.uga.edu/books/1174/thumbnail.jp
From Vacant to Viable: Strategies for Addressing Commercial Corridors in Detroit
http://deepblue.lib.umich.edu/bitstream/2027.42/110951/1/from_vacant_to_viable2010.pd