Antitakeover Legislation: Not Necessary, Not Wise

This Note will consider the merits of antitakeover legislation with special emphasis on legislative proposals which, like second generation state takeover statutes, would subject tender offers to the approval of shareholders. But discussion and analysis are also applicable to federal proposals which seek to restrict takeovers through regulatory restrictions rather than a shareholder vote, as well as to second generation state takeover statutes. The view taken herein is that all antitakeover legislation, whether at the federal or state level, is neither necessary nor wise. In part II, this Note will examine the proposed antitakeover legislation which prescribes procedures for shareholder approval of tender offers. In part III the propriety of legislation in general will be discussed. In part IV the criteria outlined in part III will be applied to proposed antitakeover legislation. First, the adequacy of the business judgment rule in the corporate control context will be supported. Next, the inability of Congress to define and resolve perceived problems will be considered. Finally, the implications attendant to antitakeover legislation will be discussed. Part V will examine the constitutional validity and effectiveness of second generation state takeover statutes. The pronounced constitutional validity and demonstrated effectiveness of second generation state takeover statutes revitalizes state takeover acts and obviates the need for federal legislation

Aviation Science? Collegiate Aviation? Aeronautics? Aerospace Science? Introducing Aeronology in Resolving Identity Issues

In asking collegiate aviation educators for a term or a phrase that adequately describes their academic field, it does not take much time to discover that widespread agreement is notably absent. If we as aviation educators are unable to collectively identify ourselves and the niche we inhabit in the realm of the entire academic community, then how much more difficult will it be for the remainder of the academic community and the general public to identify us as well? There are three possible solutions for aviation educators to consider in confronting the identity problem. Educators can: (1) conclude that identity is really not a problem, (2) identify a term/phrase by consensus to describe the aviation field, or (3) create a new word

Book Review: A Common Humanity: Kansas Populism and the Battle for Justice and Equality, 1854-1903

Across the landscape of modern American politics, the Populist moment, as Lawrence Goodwyn\u27s 1976 study labeled it, has fascinated scholars. Indeed, late nineteenth-century Populism posed a vocal and effectual political voice for Gilded Age America\u27s discontented. Since his original 1969 study, Kansas Populism: Ideas and Men, O. Gene Clanton has meticulously examined the fundamental role of Kansa, Populists in shaping local and national politics. A Common Humanity, with great efficacy, revisits and reinterprets Kansas\u27s Populism as a fight for fundamental working-class rights and agrarian values, amidst industrialization gone awry

Reflective Judgment and Assertive Behavior in Crew Resource Management: A Theoretical Approach

The recurring theme of pilot error in aircraft accidents provides no startling revelation to aviation professionals and researchers. In an effort to reduce pilot error, which is a major contributor to aircraft accidents, the Federal Aviation Administration (FAA) has mandated that all U.S. airlines incorporate an approved Crew Resource Management (CRM) program into their training curriculums. In a recent rash of accidents involving U.S. airlines, a disturbing question has re-emerged: How can CRM training be maximized effectively? The intent of this article is to examine the concept of reflective judgment and the effects of assertive behavior from a theoretical application to CRM at an early stage of development (the collegiate aviation level), with implications to airline initial and recurrency training

An Approach to Determine the Need for Expanding Small Airports: A Case Study

Airports play an important role in the economic vitality of communities and surrounding areas. In developing and expanding an airport, there are many different variables that must be taken into account. One fundamental aspect of airport expansion is the need to hangar aircraft. The purpose of this study was to investigate constituent interest in building at least 10 new T-hangars and expanding the Blair Municipal Airport\u27s (K46) services located in rural Blair, Nebraska (Washington County). A descriptive study questionnaire developed specifically for this study was used to collect the data from 1,232 certificated pilots in five surrounding counties of the Blair Municipal Airport. The study found that interest in developing the Blair Municipal Airport exists. Most of the interest conveyed through the survey questionnaires was from pilots who fly primarily for recreation; however, pilots who fly equal amounts of time for recreation and business trips in addition to pilots flying for business only were a significant reportable part of this study. Major complaints reported from the survey questionnaires include the lack of adequate facilities on the airport itself, substandard hangars, and no availability of maintenance and line services