… See Charles M. … For a full history and discussion of this theory, see Charles M. Elson,
The Duty of Care, Compensation, and Stock Ownership, 63 U. CIN. L. …

… stock in their companies are more likely to ask discerning questions than their nonstockholding
counterparts); Charles M. Elson, Board Pay Affects Executive Pay, Corp. Board, Mar.-Apr. …

The dramatic rise in Chief Executive Officer (CEO) compensation over the past three decades
has resulted in tremendous popular and shareholder discord. I Two distinct theories have …

… Garza's article quotes Charles M. Elson, one of this article's authors, who stated that such
sales by directors and executives are "generally considered a sign that things haven't gone so …

… 1996 by Charles M. Elson. All rights reserved. ** Professor, Stetson University College of
Law; Visiting Professor, Cornell Law School, Spring 1996; BA, 1981, Harvard University; JD, …

The board of directors' role in ensuring corporate compliance with applicable law has
expanded significantly in the last several years. Under the historic notion of the board of a large …

Although the primary cause of the emissions scandal at Volkswagen appears to have been
misfeasance and malfeasance on a corporate-wide scale, we argue that such a problematic …

Envy, for better or worse, is a fundamental part of the human condition. Whether we admit it
or not, most of us take a keen interest in the financial status of our neighbors. Few aspects of …

Following the Delaware Supreme Court's landmark ruling in Smith v. Van Gorkom, l investment
bankers' fairness opinions have become almost as ubiquitous a part of the American …

Modem stakeholder theory, born of the Great Depression and the writings of Merrick Dodd,
has captured the enthusiasm acndfervent support of numerous academic theorists and …