Turnout at elections cannot be easily explained by reference to instrumental rationality. The probability that any individual voter will alter an electoral outcome is miniscule and the net expected utility from voting is likely to be negative. Instead, high rates of turnout are explained by the consumption gains arising from...
This paper provides evidence on an amended Mayer-Heckscher-Ohlin model with parties by studying the effects of U.S. tariffs on the Democratic vote share. The effects are estimated with fixed effects and Two-Stage Least Squares based on data from the House of Representatives from the years 1982 to 2000. Weighted trade...
To avoid delays in getting the final election results and consequently tossing the entire voting process into chaos. In this context, the article reports that to expedite election reform in the United States, Congress authorized almost $3.9 billion under the Help America Vote Act of 2002 HAVA to help states...
Leaders must constantly be on the lookout for great ideas, not just consensus. This takes courage because it's simple to get a unanimous vote to do nothing. The true test of leadership is to get the full support of the team when one don't have a unanimous vote to take...
If General Electric GE had paper-filed the largest tax return in history its contents would have numbered 24,000 pages. Luckily, it chose to eFile and instead opted for a 237 MB file routed to the IRS via the Internet. According to Boise Cascade, illustrious purveyors of paper, 24,000 pages equates...
The US government proposes to cut the taxes paid on dividends. The motive for the change differs from the reasons given. As the motive is political, the economic impact will obey the law of unintended consequences. As the excuse is a blind, the debate has tended to produce more heat...
Gino Lattarulo submits: We have a potential deciding vote on the marriage of Sirius SIRI and XM XMSR. Adelstein says he would vote in favor of the deal as long as the company would agree to a six-year cap on subscription rates as well as relinquish 25 percent of all...
Tyler Savery submits: FCC Commissioner Copps has opted not to bring a counter proposal to the table, and simply go with a “NO” vote on the proposed Sirius SIRI and XM XMSR merger. According to the Wall Street Journal, Copps rendered his decision on Monday, July 22nd. The...
Prior to the general meeting of a company or mutual fund, shareholders will receive a package in the mail containing a variety of documents that report financial data and operations results and announce important issues - such as proposals for changes to the company's share structure or mergers and acquisitions....
Share Groups Tasks with TaskBinTaskBin doesn't work at this timeFolks: I suspect that many of you are much like me. You read some at Bnet and it intrigues you. You follow the link and sign up to try it.I did this with TaskBin. It looks great;...
From the executive summary: ‘If there is anything a dealmaker hates, it is uncertainty. Thus, companies use the technique of a shareholder lockup for ensuring that a deal is consummated. Not all lockups are designed expressly to seal a negotiated deal. Stock-option lockups, asset lockups, and breakup fees are types...
.Nearly a year and a half later and it all comes down to one vote? FCC Commissioner Jonathan Addelstein, a Democratic appointee, has voted against approving the merger of XM (NSDQ: XMSR) and Sirius (NSDQ: SIRI), reports AP. We noted yesterday that the tally stood at 2-1 in favor,...
Here's a follow-up on Monday's Catching Flack post about whether it's better or worse for PR that bloggers are now being offered journalism training from the Society of Professional Journalists. The vote so far on the poll: 14 for trained bloggers, 3 for untrained. I was glad...
This article evaluates the primary mechanisms for changing management or obtaining control in publicly traded corporations with dispersed ownership. Specifically, it analyzes and compare three mechanisms: (1) proxy fights: (2) takeover bids; and (3) a combination of proxy fights and takeover bids in which shareholders vote on acquisition offers. It...
LONDON (Reuters UK) - Marks and Spencer MKS Chairman Stuart Rose is set to face a revolt from up to one third of its shareholders at its annual meeting on Wednesday, the Sunday Times said, citing sources. Marks and Spencer (M&S) issued a shock profit warning...
By Sumeet Desai LONDON (Reuters UK) - David Blanchflower is certain to have repeated his call for lower interest rates at the Bank of England's July rate-setting meeting, so the question is whether any other Monetary Policy Committee members joined him. Analysts polled by Reuters predicted...
In a conventional case under chapter 11 of the federal Bankruptcy Code, a debtor files a bankruptcy petition and then negotiates a reorganization plan and solicits votes after the bankruptcy court approves a disclosure statement. In recent years, however, more and more debtors, with the cooperation of their lenders and...
Selling Clinton, Huckabee, McCain, and ObamaRE: Selling Clinton, Huckabee, McCain, and ObamaThe people who read BNT are probably more informed than the average Joe. We wouldn't want to have the country under the sway of an empty vessel.WowI'm not surprised at the poll. I think all candidates have a tough...
In the epic battle of Barry Diller versus John Malone, the victory is going to Diller. Too bad the courts can't mandate a recovery in InterActive Corp.'s flagging operations. Stephen Lamb, a chancery court judge in Delaware ruled in favor of Diller, who had assumed rights to...
In the epic battle of Barry Diller versus John Malone, the victory is going to Diller. Too bad the courts can't mandate a recovery in InterActive Corp.'s flagging operations. Stephen Lamb, a chancery court judge in Delaware ruled in favor of Diller, who had assumed rights to...
