Harvard Master Class - M&A
Chancellor & Harvard Professor Leo E. Strine, Jr.
Wednesday, March 20 from 02:30 PM to 04:00 PM
Join us on 20 March 2013 at 2.30 PM for a special Master Class by renowned Chancellor & Harvard Lecturer (Austin Wakeman Scott Lecturer on Law): Professor Leo E. Strine, Jr.
Master Class: Ordinary Investors of the US and EU Unite: A Reflection on the Common Interests of Americans and Europeans in a Corporate Government System focussed on Sound, Sustainable Wealth Creation.
Location: Duisenberg school of finance, Gustav Mahlerplein 117, Amsterdam
Abstract:
During the past several decades, more and more Americans have been forced to become investors in investment funds operated by institutional investors in order to pay for their own retirements and to fund their children's education. These forced capitalists, however, still owe most of their wealth to their labor and ability to hold a well-paying job. These ordinary investors have an interest in a system of corporate governance that focuses on the sustainable creation of wealth through fundamentally sound economic activity, and not through short-term gimmicks, excessive risk-taking, or irresponsible approaches to compliance. But, what these investors have gotten is a corporate governance system increasingly focused on the short, rather than long term; a system that has put enhanced pressure on companies to leverage up, take risks to deliver immediate returns, and cut regulatory corners. Importantly, these incentives threaten to reduce the long-term capital investments made by public companies, at the expense of long-term growth and job creation.
The same demographic and economic pressures that led to the current U.S. dynamic are now affecting the EU, as workers are increasingly being required to save for their own retirements, as higher education costs are rising, as a aging populations strain the ability of EU nations to honor past promises of a secure retirement and access to health care while simultaneously funding needed investments in infrastructure and research and development critical to future growth. To address these concerns, Chancellor Strine will identify common concerns that should animate ordinary U.S. and E.U worker-investors around a common policy agenda to create incentives for a more fundamentally sound and sustainable approach to wealth creation.
Biography Strine:
Strine graduated magna cum laude from the University of Pennsylvania Law School in 1988 with his J.D., after having received his B.A. summa cum laude from the University of Delaware in 1985. He clerked for Judge Walter K. Stapleton of the United States Court of Appeals for the Third Circuit and for Chief Judge John F. Gerry of the United States District Court for the District of New Jersey. He was a corporate litigator at the firm of Skadden, Arps, Slate, Meagher & Flom, and then Counsel to Governor Thomas R. Carper.
Strine has taught at several academic institutions including the UCLA School of Law, the University of Pennsylvania Law School, the Vanderbilt University Law School, and the Harvard Law School and lectured at many more. He became a Vice Chancellor of the Delaware Court of Chancery on November 9, 1998 and became Chancellor of that court on June 22, 2011. During the 2006-2007 academic year, he served as a special judicial consultant to the American Bar Association's Committee on Corporate Laws. |
登录
