Fasken Martineau Classroom, Room 122
The Centre for Business Law & Peter P. Dhillon Centre for Business Ethics Present: Professor Brian Cheffins, Faculty of Law, University of Cambridge
Prof. Brian Cheffins will discuss “The Future of the Public Company”. In the United States manager-led public companies with diffuse share ownership and apathetic shareholders have dominated the corporate economy since the mid-20th century. A popular theory currently is that the public company is heading toward extinction. As for those public companies that remain significant economic players, powerful institutional shareholders are supposedly accumulating sufficiently sizeable voting stakes to exercise considerable influence over corporate decision-making. In fact, as Professor Cheffins will argue, the public company will continue to play a dominant economic role for the foreseeable future and share ownership will remain sufficiently diffuse to ensure that corporate executives retain substantial managerial discretion. His seminar will be based on the concluding chapter from Transformation of the Public Company, which will be published by Oxford University Press.
Discussion will be moderated by Dr. Carol Liao, Assistant Professor, Allard School of Law and the Dhillon Centre for Business Ethics’ inaugural UBC Sauder Distinguished Scholar.
Lunch will be provided.
Attendees eligible for 1 CPD credit
RSVP to cblassistant@allard.ubc.ca.