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Description
In this DVD program Professor Hu explains what is termed as "empty voting" - voting while holding greater voting power than economic ownership. He also speaks about "hidden (morphable) ownership" - economic ownership, without voting rights, and the need for a revised disclosure system. Learn about how these types of equity decoupling pose important risks to the one-share, one-vote paradigm that underlies conventional models of corporate governance and shareholder voting. Case law and possible effects on the world's financial stability are examined.
Recorded from the 2008 Delaware Business Law Forum in March 2008. The package includes the DVD video and printed course materials.