Monthly Archives: February 2016

409A SIX MONTH DELAY INCLUDES DIRECTORS

  February 22, 2016 Caroline Hayday and Sasha Belinkie, of Cleary Gottlieb Steen & Hamilton LLP,┬árecently wrote this article of interest: It is well known that specified employees of publicly-traded companies must wait at least six months following a separation … Continue reading

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Short Termism Destroys Long Term Shareholder Value

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2720248 This paper shows that an inflow of short-term institutional investors seems to pressure firms to cut R&D investment to report higher earnings and to generate positive earnings surprises, and also leads to temporary boosts in firm valuations. When these … Continue reading

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