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The purpose of this section's report is to propose strategies which will help those committed to promoting and implementing higher standards in dental education. There is a wide variety of systems throughout the world. These systems are developed, governed, operated and applied differently. Their standards, whether they are controlled by governments(More)
In a corporate freez-eout, the controller is required to compensate minority shareholders for the no-freezeout value of their shares that are taken from them. This paper seeks to highlight the difficulties involved in determining this no-freezeout value when, as is often the case, the controller has private information. In particular, the analysis shows(More)
Issues with the United States and especially the global data bases make them inadequate to use for trend analysis and thus any important policy decisions based on climate change. These issues include inadequate adjustments for urban data, bad instrument siting, use of instruments with proven biases that are not adjusted for, major global station dropout, an(More)
The corporate governance literature usually refers to the U.S. enforcement superiority to explain the premium that foreign firms experience when cross-listing in U.S. stock exchanges. This paper casts doubt on this hypothesis by analyzing two comparative case-studies of private and public enforcement actions taken against securities fraud in the United(More)
We use an important legal event as a natural experiment to examine the effect of management fiduciary duties on equity‐debt conflicts. A 1991 Delaware bankruptcy ruling changed the nature of corporate directors’ fiduciary duties in firms incorporated in that state. This change limited managers’ incentives to take actions favoring(More)
Issues with the United States and especially the global data bases make them inadequate to use for trend analysis and thus any important policy decisions based on climate change. These issues include inadequate adjustments for urban data, bad instrument siting, use of instruments with proven biases that are not adjusted for, major global station dropout, an(More)
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